OBM 5.56% 57.0¢ ora banda mining ltd

Hawkes Point not participating in the recent placement sends a...

  1. 1,724 Posts.
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    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

    https://hotcopper.com.au/data/attachments/6023/6023466-18ece6133a5bd407d2ffa195c10cffed.jpg
 
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Last
57.0¢
Change
0.030(5.56%)
Mkt cap ! $1.061B
Open High Low Value Volume
54.0¢ 57.3¢ 53.5¢ $3.644M 6.552M

Buyers (Bids)

No. Vol. Price($)
1 10000 56.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 2354 1
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
OBM (ASX) Chart
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