Look at other stocks that have gone too hard too fast of gimmicky sugar hit announcements without substantiatial change in strategy. By the time they actually kick some goals the price has run up to 50c and then back to 10c where it shoulda been, but now they should reflect prices risinng to 20 or 30 etc but because of the volatile trading that came before, there are too many sellers waiting to get out at 20 or 25 etc. which restricts the stocks ability to price itself correctly and reinforces would be buyers view that any rerate wont be sustained because it couldnt even break through 20c. How often do you see stocks that are trading well beliw their value and curse the fact that market hasnt woken up? Its all to do with who is on the books and what their position is. OBM, should have a good register with not a great deal of holders just waiting for a good time to bail… they have mostly seen a steady rise and probably have a healthy margin of profit in front of them, which might entice some profit taking sure, but it wont be the sort of exodus seen when 50% of holders are trapped from an earlier pump n D.
OBM has a bright future - got a lot going for it
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Last
30.5¢ |
Change
-0.015(4.69%) |
Mkt cap ! $566.2M |
Open | High | Low | Value | Volume |
33.0¢ | 33.0¢ | 30.5¢ | $919.3K | 2.861M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32785 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 78775 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32785 | 0.305 |
7 | 143897 | 0.300 |
2 | 284606 | 0.295 |
1 | 20000 | 0.290 |
8 | 126584 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 78775 | 4 |
0.320 | 13296 | 2 |
0.325 | 6142 | 1 |
0.330 | 345284 | 2 |
0.340 | 137998 | 3 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
  |
Change
-0.015 ( 4.62 %) |
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Open | High | Low | Volume | ||
33.0¢ | 33.0¢ | 31.0¢ | 421714 | ||
Last updated 15.51pm 15/05/2024 ? |
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OBM (ASX) Chart |
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