Agree with the analysis but the focus for current and future holders should be for 2011. I rather have holders that understand the fundamentals of the firm and why it is undervalued at it's current market cap.
If one has that mindset, in my opinion, one will be rewarded in the future. Because I am hopeless in picking bottoms and highs, I tend to sway towards value investing and as such I sleep easy on most occasions. We should see OVR above it's recent move at 40cps sometime next year on fundamentals. Hopefully the management does it's roadshows and presentations. However, I am much more interested in the resource upgrade and drilling campaign next year. Those events, as well as off take agreements will see a rerate.
The two open cut, high grade deposits are going nowhere...land banked and ready to be produced if deemed economic.
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $7.704M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.6¢ | $30.15K | 4.148M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4577000 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1463456 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4577000 | 0.006 |
5 | 1700009 | 0.005 |
6 | 1800249 | 0.004 |
3 | 2599000 | 0.003 |
2 | 2692525 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1463456 | 1 |
0.008 | 1037153 | 6 |
0.009 | 6471221 | 12 |
0.010 | 3332000 | 5 |
0.011 | 348000 | 2 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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