I smell the distinctly pleasant aroma of burning shorts. It can never be said they don't deserve it because shorts in I'd wager the vast bulk of cases of sophisticated institutional investors (aka manipulative prats).
I'd say the price spike today was likely a lot of covering as the stock has broken out of its more recent pattern.
But my position remains I think the price shouldn't be this high based on the report so I'll probably take my profits and go home if it keeps going on another dollar or 2.
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ORI
orica limited
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0.28%
!
$21.43

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Last
$21.43 |
Change
0.060(0.28%) |
Mkt cap ! $10.23B |
Open | High | Low | Value | Volume |
$21.31 | $21.49 | $21.30 | $11.88M | 554.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 525 | $21.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.47 | 200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 525 | 21.390 |
1 | 15 | 21.260 |
1 | 500 | 21.050 |
2 | 1142 | 21.000 |
1 | 238 | 20.980 |
Price($) | Vol. | No. |
---|---|---|
21.470 | 200 | 1 |
21.500 | 525 | 2 |
21.560 | 2624 | 2 |
21.600 | 1844 | 2 |
21.650 | 2606 | 2 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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ORI (ASX) Chart |