Moneypig,
IMF is on the cusp of a big increase in profitability. The market knows this and has bid up the IMF price despite earnings being very ordinary over the past few years. The sharp increase in profitability will occur once Fund 1 is closed and be ongoing for the foreseeable future (three to four years).
Investing in IMF has the huge advantage that it does not really matter what is happening elsewhere in the world (caronavirus, levels of interest rates, economic activity etc) its profitability is predominately determined by their case success. Of course, when shareholders get nervous about things like viruses, the IMF share price falls, however, ultimately as share prices follow profit performance if you are patient you should be well rewarded by buying IMF now when others are nervous.
One risk is whether IMF win the two remaining 'big' balance sheet cases. Wivenhoe and Westgem. They seem to be in front so far as they won Wivanhoe before it was subject to appeal.
The above is just my opinion.
- Forums
- ASX - By Stock
- OBL
- Thoughts?
OBL
omni bridgeway limited
Add to My Watchlist
1.10%
!
$1.35

Thoughts?, page-5
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$1.35 |
Change
-0.015(1.10%) |
Mkt cap ! $389.3M |
Open | High | Low | Value | Volume |
$1.43 | $1.43 | $1.35 | $155.1K | 112.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2357 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 701 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2367 | 1.350 |
2 | 11477 | 1.345 |
1 | 883 | 1.340 |
2 | 2330 | 1.335 |
1 | 2000 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.355 | 731 | 6 |
1.360 | 1 | 1 |
1.365 | 172 | 1 |
1.370 | 7844 | 2 |
1.375 | 725 | 1 |
Last trade - 15.55pm 17/07/2025 (20 minute delay) ? |
Featured News
OBL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
Executive Chairman
SPONSORED BY The Market Online