currency hit to ori?

  1. 86 Posts.
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    Today's wide trading range and eventual slump in ORI must have to do with the currency surge? yes? Is the market, overall, under estimating, or uncertain of, the impact of the rising A$ on corporate EPS reported in local currency terms? Probably. So that is why ORI is falling and should fall a lot further as long as the A$ keeps rising. Big profit-reporting disappointments are in prospect if this currency realignment continues unabated. Brokers' EPS estimates are way out of date--take at least 10% off consensus for ORI given the current US$-A$ cross rate. It is about time all companies with significant offshore earnings, such as ORI, published currency-movement EPS sensitivity estimates to inform investors. Brokers analysts are always behind in this game.
 
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(20min delay)
Last
$21.38
Change
-0.050(0.23%)
Mkt cap ! $10.20B
Open High Low Value Volume
$21.38 $21.55 $21.33 $24.86M 1.160M

Buyers (Bids)

No. Vol. Price($)
2 5243 $21.38
 

Sellers (Offers)

Price($) Vol. No.
$21.43 50 1
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
ORI (ASX) Chart
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