It all comes down to Riverina! If she's hitting her straps then away we go. If she's struggling, then the SP will come under pressure.
I'm happy to take the gamble on Riverina.
The overall trend indicates the mine has been performing well.
This sell down looks a lot like profit taking.
Volumes aren't indicating a rush to the exits.
OBM was up just under 200% YoY.
Looks good buying around this zone.
If it breaks 30c support OBM could head back down to 25c range where there should be even strong support.
It all comes down to Riverina! If she's hitting her straps then...
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Last
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $798.7M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $416.4K | 966.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 117064 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 21176 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |