i think part of the issue here is technical.. from what I read, Wilson's had predicted that OBL will be dropped from the 200 index in December so some of this is preemptive index selling.. Should be officially announced between Dec 3 and Dec 10. So potentially more weakness in the absence of any other good news.. book value is around $2.70 but of course that includes $100mm of goodwill and estimates of litigation in progress of $391mm..
if you liked it at $3.6.. you have to love it at $2.78
i think part of the issue here is technical.. from what I read,...
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Last
$1.09 |
Change
-0.030(2.68%) |
Mkt cap ! $308.0M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.09 | $129.6K | 118.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 302 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 2005 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| OBL (ASX) Chart |