OMH 1.11% 44.5¢ om holdings limited

King87I guess your entitled to your own opinion, mine is that...

  1. 987 Posts.
    lightbulb Created with Sketch. 220
    King87

    I guess your entitled to your own opinion, mine is that the power that has already been paid for should be used before capital is spent on developing the recycling project, if the recycling project is done now when will the power held in inventory be used? It can be held indefinitely (that has not been confirmed) but I would rather see it used to increase profits.

    "Why in gods name would they wait till the electricity in inventory is finished before constructing the heat recycling plant??????"

    If the recycling project goes live to coincide with the power being held in inventory being used up then I see that as maximising profitability for the 2 new furnaces which for me is better than holding it in inventory on an ongoing basis. Like I say you are entitled to a different opinion.


 
watchlist Created with Sketch. Add OMH (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
-0.005(1.11%)
Mkt cap ! $340.9M
Open High Low Value Volume
46.0¢ 46.0¢ 44.3¢ $62.12K 138.2K

Buyers (Bids)

No. Vol. Price($)
2 26523 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 14240 1
View Market Depth
Last trade - 15.59pm 26/06/2024 (20 minute delay) ?
OMH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.