For the life of me, I cannot understand why someone would short this stock. The net asset per share given in the last investor presentation was about $2.90+/$3.00 per share. Even assuming zero growth, you'd get your money back on a worst case scenario or most of it (even if some cases are lost and impaired).
Does anyone here have a short case on OBL that they'd like to put forward?
For the life of me, I cannot understand why someone would short...
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Last
$1.05 |
Change
-0.100(8.70%) |
Mkt cap ! $296.6M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.16 | $1.05 | $976.3K | 912.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13316 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 26377 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.100 ( 8.42 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.15 | $1.05 | 162767 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| OBL (ASX) Chart |