Dear Rez and Triage
i think it is worthwhile reading last Mondays Diggers presentation from OBM headed strategy and valuation.
I like the new OBM management (ex NST) and the asset replacement valuation breakdown ($560 million) plus cash/gold $32 million, plus tax losses, and no debt - compared to current market cap. of only $85 million.
The OBM plant and Davyhurst project are now showing every indication of stability and cash flow growth and RMS could certainly utilise the $335 million in accumulated tax losses that OBM group has.
OBM has a major shareholder in Hawkes Point (~45%) so a negotiated scrip deal is likely to be the only future exit for that party.
If RMS don’t want OBM, if feels like they will eventually be a part of a future Eastern Goldfields rationalisation anyway.
i hope RMS moves sooner, than later … as a logical location for that 3rd hub we have heard about for so long.
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Dear Rez and Triagei think it is worthwhile reading last Mondays...
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Last
$2.40 |
Change
0.060(2.56%) |
Mkt cap ! $2.781B |
Open | High | Low | Value | Volume |
$2.37 | $2.42 | $2.36 | $21.17M | 8.855M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 124637 | $2.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.41 | 158380 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 124637 | 2.380 |
9 | 85787 | 2.370 |
2 | 20400 | 2.360 |
7 | 16644 | 2.350 |
5 | 33000 | 2.340 |
Price($) | Vol. | No. |
---|---|---|
2.410 | 158380 | 3 |
2.420 | 91501 | 6 |
2.430 | 12500 | 2 |
2.440 | 4563 | 3 |
2.450 | 16900 | 5 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
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