Orbis Share Discussion Threads

[day_dreamer] 01/3/2005 10:05

14 million according to the stats !

Market-cap is tiny....half a million, i suppose that is why
it is taking off, people buying a grand's worth may not sound
a lot of money but in this stock it's quite a high % of the total
market cap, would'nt take a lot of them to move it.

Gravy

[kenatbabken] 01/3/2005 10:05

13,950.000 shares in issue

[rhiannon] 01/3/2005 10:04

VERY few shares

[feelinlucky] 01/3/2005 10:01

Wasnt aware day dreamer..

Hence there must be few shares in ISSUE..any idea how many>

[day_dreamer] 01/3/2005 09:59

naah naah feelinlucky !

That was a 10 for 1 consolidation......this share has been in
a downward spiral for many years.

Only be prepared to lose your money in whole if you gamble in
a stock like Obs....people should be aware of this.

Gravy

[kenatbabken] 01/3/2005 09:59

I bought some yesterday but did,nt think it would move it that much perhaps
there are,nt many shares available

[feelinlucky] 01/3/2005 09:58

If you look back to mid 2003 on the chart..

Its shot up from 1.5p to 15 in a day or so..

Wouldnt mind it happenin again.

[feelinlucky] 01/3/2005 09:55

Seems to move on very little volume..any idea how many shares in Issue?

[day_dreamer] 01/3/2005 09:55

I'm getting 4.81p bid for 50k..now that is very unusual for Obs !

5.25p offer for 10k.

I cannot see why the sudden demand for stock but it's definately there.

Gravy

[feelinlucky] 01/3/2005 09:54

Gravy..interesting.

[double6] 01/3/2005 09:53

MM's playing games on this one today ??

[feelinlucky] 01/3/2005 09:53

In with 20k..not showing.

[day_dreamer] 01/3/2005 09:53

Well Orbis has never left my monitor and this is the reason why !

The ability to have huge rises totally out of the blue, first time
in ages that i've seen the mm's bid for more stock than they offer
so somebody wants the stock.

Now the no1 leader on the whole market.....amazing !

No ramp...everybody who knows Orbis knows the precarious state of their
finances, does not mean the shares cant double for no reason from a very
low price.

Gravy

[4323] 01/3/2005 08:57

Why the rise anyone know

[feelinlucky] 28/2/2005 18:08

I recall these at 40p only a year ago..just had a look back and quite frankly..horrified to say the least.

[kenatbabken] 28/2/2005 11:48

Does the long term debt refer to the takeover of Sitex? Anybody know

[rhiannon] 28/2/2005 11:15

BLUE!!!!!!

[rhiannon] 24/2/2005 13:49

STILL say this aint a NO HOPER!!! wdik

[rhiannon] 08/2/2005 09:32

SEE OBS are spending 2MILL on software upgrade, sounds like a firm starting to turn the corner to me. Got to be in it to win it. Worth the gamble BUT wdik.

[slapdash] 29/1/2005 22:34

yes and the debt service is only good if the fundamental business isn't deteriorating which it appears to be doing judged by the last figures...

Bust in a few years????

[dell314] 28/1/2005 08:04

Rhiannon - Are you taking the p*ss, or really that divorced from reality??

Any company can look "strong premarket", if the MM on the bid happens to open up first.

With the size of OBS' debt, the share price is nothing more than option money.
It is ludicrous to compare mkt cap to turnover, without accounting for the debt.

Rgds
dell

All IMO, DYOR etc.

[rhiannon] 28/1/2005 07:57

OBS strong PRE market today.

[rhiannon] 26/1/2005 15:29

40 MILLION TURNOVER, MKT CAP HALF A MILLION. EMPLOYS 250 TO 300.wdik

[rhiannon] 26/1/2005 09:38

SOON be time to dust this one off.wdik