totally correct, Orica is supposed to operate in an oligopoly type industry.
Given this, one just looks at their consistently low ROE, its almost impossibly low to achieve with any decent business acumen.
And then you hit the nail on the head, consistently overpaying for acquisitions.
Ann: Orica Announces Sale of Minova to Aurelius Group, page-10
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Last
$17.95 |
Change
0.100(0.56%) |
Mkt cap ! $8.741B | |||
| Open | High | Low | Value | Volume |
| $17.95 | $18.00 | $17.76 | $12.77M | 712.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2721 | $17.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.97 | 21784 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ORI (ASX) Chart |