Yes, it looks like it, Michael. Glad I got that wrong & bought ORG based on a LNP victory. Not realising an ALP victory played well for ORG too.
Apparently, ALP is bad for STO & foreign O&G producers because the ALP do not believe it funding infrastructure i.e. rail lines for O&G producers. Terefore existing corporates such as ORG, AGL & participants such as APA, BG Group & SXY do well whereas pipeline producers i.i. STO & start ups do badly. Counter-intuitive but it appears the market 2day believes it all IMHO but pls DYOR.
are origin shares worth for long term , page-8
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Last
$9.81 |
Change
-0.240(2.39%) |
Mkt cap ! $16.90B | |||
| Open | High | Low | Value | Volume |
| $9.99 | $10.05 | $9.81 | $35.44M | 3.598M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34390 | $9.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.85 | 750 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ORG (ASX) Chart |