Another interesting detail is that if 2nd half omh makes nothing.
first half earnings with the additional 25% stake would come up to aud115mil. A pe of 4.
according to adrian in their last presentation. Although chinas ferrosilicon production has fell by 20%, omh is still profitable.
this is at 75% production. If prices sustain in 2023. Its easy to see 300mil aud in profit.
Ann: MEDIA RELEASE H1 2022 NPAT USD60 Million UP 231%, page-4
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47.0¢ |
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Mkt cap ! $360.1M | |||
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