In my world … I don’t see a better looking chart than the following on OBM … clearly strong consistent forward momentum, but taking the stairs (instead of the lift) and any correction downwards is most likely to be met with unsatisfied volume demand.
60 cents is my next price target … in the Sept 24 quarter
so much news flow is just around the corner with new drilling results, marked improvements in production/cashflow, new underground development go ahead, ~15% increase in capacity of mill July 24
always that left field possibilty also of some corporate activity to put the icing on the cake!
No better chart … no more obvious breakout, page-339
Add OBM (ASX) to my watchlist
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $575.5M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $300.5K | 971.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 279162 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 343211 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 31.0¢ | 30.5¢ | 297746 | ||
| Last updated 14.52pm 10/05/2024 ? | |||||
| OBM (ASX) Chart |