There is no sell-off, the issue is more like noone is buying the stock. Daily turnover is around $200k and the market cap is edging towards micro size. Obm are extremely repulsive for most retail and insto at this stage and this won't change until they start generating healthy cash flow or attract hot money, which is chasing Lithium. It's time for the management to man up and turn this ship around.
OBM Performance JAN 2022 - MAR 2022 (3Q), page-7
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Last
43.3¢ |
Change
-0.018(3.89%) |
Mkt cap ! $835.9M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.3¢ | $149.5K | 341.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3386 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 65564 | 6 |
View Market Depth
| Last trade - 10.15am 18/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |