Yes, I agree OMH is badly sold down, unfortunately.

The fundamental for OMH is still strong given the Fei is now US$1,900-2000!!! This will mean OMH will be making close to GPM of 100%.
This is an all time high for FeSi since the Sarawak factory has been in operation. Even in 2018 when OMH share price hit A$1.70 (RM5.3), FeSi is only trading at high of US$1,700++ (average of US$1,400 for whole of 2018).
We are now waiting for OMH announcement that the Sarawak factory is being put back into production, which could be any time soon.
Hopefully this can drive back more buying interest for those investors who understand the fundamental of this company.

At 75% capacity, OMH produces
(i) 130K ton/pa FeSi (making GPM of US$900/ton i.e. total US$117m),
(ii) 250K ton/pa MnSI (making GPM US$500/ton i.e. total US$125m)
Total GPM of US$242m per year

At 100% capacity, OMH produces
(i) 170K ton/pa FeSi (making GPM of US$900/ton i.e. total US$153m),
(ii) 330K ton/pa MnSI (making GPM US$500/ton i.e. total US$165m)
Total GPM of US$318m per year

Current Market cap is only A$630m (RM2b), it is only PE of 3-5x (PressMetal PE is 80x). A lot to catch up.