Frankly, I dont see a need for OMH's share split.
Its price was running around $4.70. If it was like RIO or IPL at over $100.00 then maybe, just maybe, it may have been warranted.
When I decide to buy a stock, having done my fundamental research,the last thing of interest to me is the share price, per se. I decide how many $ I wish to invest, divide that by the share price to give me the number of shares, round off the number and place the order.
I imagine thats how most investors operate but am interested to hear from anyone who sees it differently.
Perhaps OMH's reason has someting to do with its planned listing on the Hong Kong exchange.
what happened, page-10
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.8M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 39.0¢ | 37.5¢ | $1.748K | 4.608K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 49000 | 1 |
View Market Depth
| Last trade - 15.40pm 18/10/2024 (20 minute delay) ? |
| OMH (ASX) Chart |