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.
Most of the trading today was off market, a transfer between...
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Last
48.0¢ |
Change
-0.005(1.03%) |
Mkt cap ! $367.8M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 47.0¢ | $29.70K | 62.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27688 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 15.29pm 24/05/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
-0.005 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 47.5¢ | 48.0¢ | 47.0¢ | 9653 | ||
| Last updated 15.29pm 24/05/2024 ? | |||||
| OMH (ASX) Chart |