OMH stock price is expected to surge to its pre crisis high of...

OMH stock price is expected to surge to its pre crisis high of S$1.70 by Jun 30, in the light of the catalyst events :

1) Bursa Listing: Will boost OMH valuation and share price.
This will bring the new Malaysian retail and institutional investors to boost liquidity and valuation for OMH. At current price, OMH is grossly undervalued at only PE 5-6x based on FYE 2021/2022 (Fei, MnSi alloy prices has surged >50%, GPM > 40-50%, Expected earning > A$100-150m)
Compared to its peers (Press Metals @ PE 90x, Lynas @ PE 60x), OMH will be rewarded by the Malaysian stock markets with valuation closer to its peers like Press Metals.
Even at PE 20x, OMH price should be A$3-4
All approvals for Bursa listing are in place and the company has already appointed 2 Malaysian directors in anticipation of the listing which will happen before 30 Jun 2021.

2) Commodity Rally + Inflation Theme:
Commodity Index fund with assets held in such funds nearing decade high of $230b. With inflation concerns rising, further inflows into commodity index fund could add fresh fuel to the metal fire.
Mining/Industrial Material companies are surging as they generate supercharged profits.
Goldman Sachs & Bank of America: "Don't stop buying commodity now", advising investors to load up in anticipation of a long term rally fuelled by the world's recovery from pandemic and spending splurge on renewal, EV, and infrastructure.