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,...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OBL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
94.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $267.0M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 98.0¢ | 93.5¢ | $140.6K | 147.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25266 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 3010 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| OBL (ASX) Chart |