Hi Stajyun.
I don't think it's all that bad. I notice that morningstar has put a $6.50 price target on it, and the s.p. is probably a bit low because of ex dividend. Once things open up a bit and industry and transport start swinging, you will find that it will slowly rise. Also there will most likely be a rotation into safe stocks like ORG, and also with prices of iron ore set to continue a tumble and possibly be spurred on by Evergrande contagion, more money will flow from miners into utilities. Im not some super analyst, but history repeats every crisis. I remember ORG had a boom after the GFC. It will go boom again.
Regards Royalsandman
Ann: Origin Energy 2021 Annual Report, page-4
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Last
$9.85 |
Change
0.130(1.34%) |
Mkt cap ! $16.96B | |||
| Open | High | Low | Value | Volume |
| $9.86 | $9.93 | $9.81 | $27.58M | 2.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86815 | $9.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.86 | 91 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| ORG (ASX) Chart |