OMH 0.00% 38.0¢ om holdings limited

But their financials keep getting better tho.Between the 2020...

  1. 916 Posts.
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    But their financials keep getting better tho.

    Between the 2020 and 2023 annual reports, net asset backing per share went up from 63.5c au$ to 81.2c au$, so a 28% increase.

    Borrowings went down from 474m au$ to 397m au$ despite a 120m us$ (180m au$) acquisition.

    There's no bang, but it's a nice and steady progression, eating away at the financing costs.
    With enough patience, it should reach a tipping point where you can no longer ignore the money the group is making.
 
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