There is always that risk Lyall. There is also a good chance that OBM is finally over the hump capex wise. Even just a quarter where they break even, will likely wake the market up. I choose to start nibbling, because, the assets themselves and the gold, if OBM went into Admin tomorrow, are worth far more than its current market cap, or E/V. Plus, many holders of OBM are very underwater now, yet, I am happier buying now, than when it was north of $0.30.
We will see whether it becomes a corporate target or not in the near term.
Why will this end differently?, page-18
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $743.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $572.3K | 1.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72533 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 30230 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |