Latest news with #OmniBridgeway
Sky News AU
28-05-2025
- Business
- Sky News AU
ASX drops -0.13 per cent to 8,396.90
The ASX200 surged in the early morning before finishing -0.13 per cent at 8,396.90. Top performers were Webjet Ltd, gaining 12.39 per cent and finishing at $5.26, and Omni Bridgeway, which gained 5.74 per cent and closed at $1.56. Bottom performers saw ALS Ltd drop -7.60 per cent to $16.30, and Mineral Resources plummeting -5.47 per cent to $22.45.
News.com.au
28-05-2025
- Business
- News.com.au
ASX drops -0.13 per cent to 8,396.90
Now Playing The ASX200 surged in the early morning before finishing -0.13 per cent at 8,396.90. Top performers were Webjet Ltd, gaining 12.39 per cent and finishing at $5.26, and Omni Bridgeway, which gained 5.74 per cent and closed at $1.56.
Yahoo
13-05-2025
- Business
- Yahoo
Non-Executive Chairman of Omni Bridgeway Michael Green Buys 187% More Shares
Potential Omni Bridgeway Limited (ASX:OBL) shareholders may wish to note that the Non-Executive Chairman, Michael Green, recently bought AU$216k worth of stock, paying AU$1.60 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 187%, potentially signalling some real optimism. We check all companies for important risks. See what we found for Omni Bridgeway in our free report. The insider Vadim Rubinchik made the biggest insider purchase in the last 12 months. That single transaction was for AU$4.6m worth of shares at a price of AU$0.93 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$1.89. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive. Omni Bridgeway insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! See our latest analysis for Omni Bridgeway Omni Bridgeway is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 6.7% of Omni Bridgeway shares, worth about AU$36m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. Given that insiders also own a fair bit of Omni Bridgeway we think they are probably pretty confident of a bright future. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Omni Bridgeway. Of course Omni Bridgeway may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
