ORA 0.62% $2.45 orora limited

Ann: Change in substantial holding, page-11

  1. 4,770 Posts.
    lightbulb Created with Sketch. 869
    Agree the chart is ugly but that's where opportunity can present.

    CDA chart was ugly
    AGL chart was ugly
    ELD chart was ugly
    SRG chart was ugly
    Even SXE chart was poor

    All of these initially sank on a misstep and/or bad market conditions but then rallied hard as people had overreacted.

    Not all companies come good (CCR, EDU and SWF haven't; DGL and KMD are showing a glimmer) but I think it's incorrect to say ORA management has been poor over time. I'm giving them the benefit of the doubt for the time being but France is tough so it's entirely possible it'll turn out to be a long term millstone as per Ramsay's French investment.
    Last edited by optimistus: 23/07/24
 
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