Most of the trading today was off market, a transfer between buyer and sellers.
Trading is light overall as you describe. Shorters are having a field day, theres no doubt about it, current shorts about 450,000. It could turn into a blood bath for shorters when they buy back.
Total shares traded today = 576,592,
number of shares cross traded between parties = 494,198
So normal trades =82,394 shares. Possibly 20,000 are shorts.
Personally I reckon OMH is a strong buy, some years ago I endured the same negativity from some posters when I said OMH was a strong buy at 10c.
The share price will recover I'm not concerned about that, however it depends on your time frame. My OMH shares are held in two x SMSF's and I have no intention of selling under $2 and it doesn't matter to me how long it takes as I don't have to pay tax.
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $283.5M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $9.572K | 25.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 45200 | 2 |
View Market Depth
| Last trade - 15.05pm 03/09/2024 (20 minute delay) ? |
| OMH (ASX) Chart |