ORI 0.82% $18.22 orica limited

Ann: Security Purchase Plan, page-4

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  1. 1,225 Posts.
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    Have been a long term holder of ORI and been disappointed over the last decade, but this latest foray looks promising and management have set a very high bar on ROI that may pay off. It’s the growth potential that is supporting the SP, good take up of entitlements be institutional investors and no (yet) evidence of profit taking.

    As to the SPP, I have applied for $20K worth of shares but will not bother trying to take small profit but hold for a while to see how the market and company delivers on the new investment.
 
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