Seriously underperforming against IPL. ORI makes much more profit than IPl and lower PE even though they are quiet similar business. IPL definitely have a better upside in fertilisers and US recovery, but so does ORI.
Sooner or later SP will diverge, any small good news will spike ORI as market have very low expectation of them. Shorts increased 2% to 7% in 2 weeks, hope shorters gets burnt.
I have confidence they will be back to $22 in the short term given how much IPL have ran.
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Last
$19.26 |
Change
0.200(1.05%) |
Mkt cap ! $9.305B | |||
| Open | High | Low | Value | Volume |
| $19.07 | $19.29 | $19.03 | $10.77M | 562.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 3978 | $19.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.28 | 1944 | 25 |
View Market Depth
| Last trade - 15.50pm 17/06/2025 (20 minute delay) ? |
| ORI (ASX) Chart |