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97.0¢ onemarket limited

definitely agree with the last point. chuckle.

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DaBull007

1,447 Posts.

91

10/07/18

15:01

Post #: 34254426
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Originally posted by madamswer ↑

"I cannot see why WOW and WES command such high premiums relative to book and why OMN gets marked down 40% or more."

Well, for one thing, WES and WOW generate surplus capital, so they are adding to their respective equity bases (i.e., book value) over time, whereas OMN is consuming its equity at a quite rapid rate of some 5% per month.

Which means that, at that rate and at the current market value of the company, within 12 months OMN, too, will be trading at a premium to its book value.

"OMN is almost too good for the ASX."

On what basis is OMN "too good" for the ASX?
Based on what I see, it is not even possible to determine whether or not it is even something that is of a minimum investment grade, let alone at the superior end of the quality spectrum.

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definitely agree with the last point.

chuckle.

OMN Price at posting: $1.01 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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Add OMN (ASX) to my watchlist