At the moment growth prospects look very promising. 2023 will have the cmsb stake and 100% furnaces online.
There will be the 2 new large furnaces coming online in late 2023 or 2024.
At 2025 the 10million tonne steel smelter in samalaju will come online. So omh can sell to them without logistical costs. As well as other steel smelters in the south east asia region.
post this period supply from china is expected to fall. Likely the subsidies will dry up.
and its trailing 12 month pe is 3.4.
omh isnt a regular smelter. Their electricity cost is likely below the generation cost for most other furnaces.
At the moment growth prospects look very promising. 2023 will...
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44.5¢ |
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Mkt cap ! $340.9M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $15.59K | 35.46K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6523 | 44.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 1592 | 1 |
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| OMH (ASX) Chart |