the Fesi and SiMn price are pretty weak, and OMH are notorious known for delay, especially in commissioning and conversion (based on track record).
downstream side, steel requirement is not there in china, may be outside china had, China Property tycoon Evergrande all messep up, and recently, article also mention Wanda might default bond.
I not able to find anything on China Infra that require massive steel
IB put hope on silicon metal furnace, but lower 12mth TP due to Fesi and SiMn ASP.
overall, if maintainance complete as soon as possible, there are still got chance to recover to IPO price.
probably some update on next week production update.
anyway, the one that really momentum is Tin commodity, and most are waiting for 1st Aug 23, will myammar really stop their operation.
there are no institution buying, only us.
the Fesi and SiMn price are pretty weak, and OMH are notorious...
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Last
47.0¢ |
Change
0.020(4.44%) |
Mkt cap ! $360.1M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 47.0¢ | 44.5¢ | $6.948K | 15.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 11740 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OMH (ASX) Chart |