Good to finally see some discussion about Origin.
I don't use charting much, so I won't comment on your work Lindfield, but I think that Origin is a good long term buy. Couple of positive points:
- Good exposure to CSG, which once again is generating positive headlines.
- Good exposure to LNG, which is playing an increasingly important role in energy supply worldwide
- Good exposure to a range of 'green energy' options when these are likely to become more important (e.g. wind, geothermal, photovoltaic).
- Solid position in east coast gas and electricity supply, with growing population.
- Experienced management team that has a history of delivering results for shareholders.
- No debt problems.
On the down side:
- Domestic gas (over)supply may hold down price that can be charged to customers
- A bit behind the others on Gladstone CSG
- Some non-CSG fields are declining.
Overall though, I don't expect the share price to surge any time soon. It's a good company, which is a solid long term investment, but it's not going to make you rich in the next couple of years (unless a takeover offer comes along).
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Good to finally see some discussion about Origin.I don't use...
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Last
$10.83 |
Change
0.120(1.12%) |
Mkt cap ! $18.65B |
Open | High | Low | Value | Volume |
$10.76 | $10.84 | $10.72 | $35.34M | 3.272M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13221 | $10.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.83 | 5806 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 10.790 |
1 | 92 | 10.780 |
4 | 11994 | 10.770 |
2 | 10242 | 10.760 |
4 | 36356 | 10.750 |
Price($) | Vol. | No. |
---|---|---|
10.840 | 12909 | 5 |
10.850 | 20860 | 6 |
10.870 | 2000 | 2 |
10.900 | 5368 | 6 |
10.940 | 2765 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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