OBL 1.52% $3.23 omni bridgeway limited

Frankly I do not think the class actions are acting as a...

  1. 4,613 Posts.
    lightbulb Created with Sketch. 910
    Frankly I do not think the class actions are acting as a deterrent. The directors access company funds and insurance paid for by shareholders if they get the timing wrong on a disclosure. So what we have is a situation where every stumble of a company is combed over for untimely disclosure and all it does is cost all shareholders directly and indirectly.

    my analogy may be to long of a bow to tie, but there are indirect financial costs to gumming up business with class actions those impacted see very little benefit from, and which does not directly cost the directors who stuffed up timing of a disclosure (assuming it is not nefarious or extremely incompetent)
    Last edited by JoeGambler: 11/08/21
 
watchlist Created with Sketch. Add OBL (ASX) to my watchlist
(20min delay)
Last
$3.23
Change
-0.050(1.52%)
Mkt cap ! $855.8M
Open High Low Value Volume
$3.27 $3.31 $3.20 $4.735M 1.458M

Buyers (Bids)

No. Vol. Price($)
13 43184 $3.20
 

Sellers (Offers)

Price($) Vol. No.
$3.23 18115 3
View Market Depth
Last trade - 16.10pm 03/12/2021 (20 minute delay) ?
(live)
Last
$3.23
  Change
-0.050 ( 2.25 %)
Open High Low Volume
$3.25 $3.31 $3.21 195821
Last updated 15.59pm 03/12/2021 (live) ?
OBL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.