OML 0.68% $1.46 ooh!media limited

I am looking at 60cents to buy a large parcel. The risk reward...

  1. 148 Posts.
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    I am looking at 60cents to buy a large parcel. The risk reward is compelling, I expect $1.30 very achievable on this scenario:
    Mid September Vic Covid- 19 cases down to less than 20 per day. A 4-6 week Stage 3 restriction in place then on. Covid -19 eliminated from Vic by Melbourne Cup. Travel between states opens up.
    Airports open to domestic travel. Lots of activity from pent up demand not seeing family in ages etc. New year and summer in Australia lots of outdoor activity.
    In the meantime we are seeing the lowest bankruptcy numbers from companies in the history of Australia. Quite surprising really in light of the circumstances. What's this tell you? Companies are right now minting money from jobkeeper it's being rorted and propping up companies. Companies are claiming job keeper from the government even for employees who have work. I expect OML to be also having lots of money coming in from jobkeeper. And therefore things aren't as bad as the share price is telling.
    Great chance to double your money in less than 6 months.


 
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Last
$1.46
Change
-0.010(0.68%)
Mkt cap ! $783.9M
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$1.48 $1.48 $1.46 $370.3K 253.4K

Buyers (Bids)

No. Vol. Price($)
1 3233 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 7234 2
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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