I like your analysis Spectator and its well balanced.
I have not had good success investing here but the reasons which got me in initially keep me watching and trying to 'make it back' by coming back in at the right time. I feel the point of inflection is this month for a couple of broad reasons;
The money spent ether starts to drive improvements or it doesn't. This is sort of a binary outcome to me as if it does not (and only the top brass inside those walls know this), then there is the speculated capital raise.
Next, the reason it this month is because if you need capital, you will be unlikely to do it over mid December - mid January and i feel some form of SPP/Rights Issue will ne needed at this price point, not just a straight 7.1 raise. hence why i am leaning towards this month.
My broker is at Euroz/Hartleys so I will no doubt get the call again if it happens.
This time its indeed possible it could be the bottom.....
Regards
DC
- Forums
- ASX - By Stock
- OBM
- Why will this end differently?
Why will this end differently?, page-19
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OBM (ASX) to my watchlist
|
|||||
Last
42.5¢ |
Change
0.035(8.97%) |
Mkt cap ! $789.4M |
Open | High | Low | Value | Volume |
40.5¢ | 43.8¢ | 40.5¢ | $4.676M | 11.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25555 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 109998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25555 | 0.420 |
1 | 2412 | 0.415 |
1 | 10075 | 0.405 |
4 | 133188 | 0.400 |
2 | 31392 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 39683 | 4 |
0.435 | 25000 | 1 |
0.440 | 73445 | 2 |
0.445 | 3500 | 1 |
0.450 | 87000 | 4 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |