The report was disappointing, I had expected better. No dividend is a poor way to treat shareholders, OMH could've easily paid a token dividend of 1c.
Obviously all smelters are doing it tough, but I did question OMH about their "STRONG MARGINS" in the investor presentations. Will be interesting to see what they say, if they actually reply. Lately no replies are given when hard questions are asked.
Maybe some light at the end of the tunnel, at least the company is super cheap now and eventually the share price will pickup as the market improves.
A very good post by BobbyMorane its no wonder he has as many light bulbs for great analysis as number of posts
Ukrainian ferroalloy exports and production kaput
Ferroalloy production and alloy exports from the Ukraine has ground to a stop. Zaporizhzhia will stop production in March due to high power costs and lower alloy prices. In December, Ukraine virtually stopped all exports. And there is little hope that production or exports will return in the near future.
The report was disappointing, I had expected better. No dividend...
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Last
49.5¢ |
Change
0.030(6.45%) |
Mkt cap ! $379.2M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.5¢ | 47.0¢ | $226.1K | 464.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50078 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 22556 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
49.5¢ |
Change
0.030 ( 6.45 %) |
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| Open | High | Low | Volume | ||
| 47.0¢ | 49.5¢ | 47.0¢ | 281862 | ||
| Last updated 15.43pm 26/04/2024 ? | |||||
| OMH (ASX) Chart |