FB2017 may be turning out to be right on this occasion.
I'm seeing subtle signs of a shift in sentiment.
The 250M goliath is still around but is much diminished -perhaps 65M.
Takeover attempts never happen at the bottom of the cycle.
Consmin's attempted takeover of OMH occurred at the top of the commodity cycle and took OMH SP to $2.50
The reason is simple - Predator companies are cashed up and looking to expand when they are flush with funds.
Press Metal is a prime example - They will recognise the value in OMH for sure.
Only OMH tragics like me bought up big @30c - 40c.
Keep posting FB2017 and congratulations on your foresight.
OMH: Attractive Takeover Target, page-12
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Last
47.0¢ |
Change
0.020(4.44%) |
Mkt cap ! $360.1M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 47.0¢ | 44.5¢ | $6.948K | 15.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 11740 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OMH (ASX) Chart |