Hawkes Point not participating in the recent placement sends a clear message to me that control of OBM may be up for grabs later this year.
My prediction on the pricing of a change of substantial holder would be in the range of 40 - 50 cents
Chart below highlights the change of fortunes and the forward momentum that is driving the prices forward.
The very large accumulated tax loss position (over $350 million) reminds us how quickly NTA can grow once once OBM is producing gold at a rate of over 150,000 ounces per year
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 (20min delay)
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Last
$1.04 |
Change
-0.115(9.96%) |
Mkt cap ! $1.963B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.13 | $1.01 | $12.52M | 12.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 154825 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
| OBM (ASX) Chart |