Agree with both your points but their last update provided an upbeat outlook. It's well down from its highs so could be argued some pessimism is already priced in.
But yeah, I don't think we needed the buyback. I only just bought in fractionally below this level. Input costs are up across the board but I'm hopeful companies like ORA can increase their prices and reap the benefits as costs come off. They've always been focused on cost control so I'd like to think they'll be better than their competitors in this environment.
We'll find out soon enough.
Agree with both your points but their last update provided an...
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Last
$1.95 |
Change
-0.010(0.51%) |
Mkt cap ! $2.613B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.96 | $1.92 | $14.04M | 7.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 278964 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 43825 | 6 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.94 |
Change
-0.010 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $1.96 | $1.96 | $1.92 | 2431999 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| ORA (ASX) Chart |
