OBM 2.42% 31.8¢ ora banda mining ltd

Mirror mirror on the wall

  1. 1,547 Posts.
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    Look at the uncanny image emerging of a mirror like recovery in the share price

    on the way down, OBM stock fell from 24 to 10 cents in 4 months.
    Under 10 cents it took 9 months to plumb down to the bottom in June 2022.

    on the way up, it has taken us 8 months to convincingly break above 10 cents.

    I wonder if the next 4 months could trigger an explosive re-rating back to the types of valuations enjoyed over 2 years ago??

    OBM do have a great deal of positive stuff quietly going on in the background (like exploration drilling, potential high grade underground resource increase at Riverina, lower lower strip ratios Missouri, stable plant operations, potential corporate), so I’m certainly not going to discount a sharp breakout.



    https://hotcopper.com.au/data/attachments/5079/5079126-a66be5367458c6a2d93a2356e7197b2e.jpg
 
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Last
31.8¢
Change
0.008(2.42%)
Mkt cap ! $584.8M
Open High Low Value Volume
31.0¢ 32.0¢ 31.0¢ $144.0K 458.4K

Buyers (Bids)

No. Vol. Price($)
4 37546 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 330450 14
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Last trade - 13.45pm 13/05/2024 (20 minute delay) ?
Last
31.5¢
  Change
0.008 ( 1.61 %)
Open High Low Volume
31.0¢ 32.0¢ 31.0¢ 194359
Last updated 14.06pm 13/05/2024 ?
OBM (ASX) Chart
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