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2.59%

56.5¢ ora banda mining ltd

I have faith that OBM will be a lot higher soon.The writing is...

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312

17/08/21

20:45

Post #: 55365777
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Originally posted by Jlt8: ↑

Gold Price looking better in AUD. Production expected to continue to ramp up this quarter still $25 million in receipts as stated in latest quarterly released is not exactly a disaster like some posters continue to post a doom and gloom outlook when you take into account the potential which is why most invest or trade. There is always risk. The Market Cap trading in between $100 to $120 million with $24 million Cash , also have around $280 million in Tax credits. They are a Gold Producer and a Explorer awaiting many sample results.CR was at 17 cents. Director buy at market earlier in the year around 25 cent to the tune of a $100 000. The next quarter for OBM and investors is going to be very telling and if favorable Gold assay results are released prior it could change the outlook. The stock price sell down seems to be over done and could provide a good short term trade or a longer term investment from where it is currently positioned.

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I have faith that OBM will be a lot higher soon.

The writing is on the wall.

OBM Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 56.5¢		Change -0.015(2.59%)		Mkt cap ! $1.051B

Open	High	Low	Value	Volume
56.5¢	57.5¢	54.5¢	$4.952M	8.841M

Buyers (Bids)

No.	Vol.	Price($)
2	103991	56.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.5¢	87705	3

View Market Depth

No.	Vol.	Price($)
2	103991	0.560
2	116231	0.555
2	126141	0.550
2	26051	0.545
2	21923	0.540

Price($)	Vol.	No.
0.575	87705	3
0.580	186141	2
0.585	123085	2
0.590	135917	4
0.595	62163	7

Last trade - 16.10pm 04/09/2024 (20 minute delay)

OBM (ASX) Chart