I’m no expert Chartist, but I can tell when a stock price is clearly pointing northwards.
so many make the mistake of forgetting that a share price reflects future expectation (risk adjusted)
OBM is debt free, a refurbished plant that works, open ended exploration potential, highly competent management etc etc … coming into a gold boom
what is there not to like about this company?
The chart clearly broke out of an ascending pattern around 25 and I think the march to 40 plus is going to be quick
we could also wake up at any moment over the next 9 months and find out Hawkes Point have sold out at a strategic premium and a juicy bid is on the table.
I’m no expert Chartist, but I can tell when a stock price is...
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Last
54.0¢ |
Change
-0.025(4.42%) |
Mkt cap ! $1.005B | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 59.5¢ | 52.3¢ | $5.519M | 9.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75778 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 276212 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| OBM (ASX) Chart |