for as long as people turning the lights on electricity is a non discretionary expense.
weather the electricity is gas coal or wind or solar. the electrons are moving and the consumer has to pay a retailer.
I like origin at these levels and think bad news is built into price and it is oversold based on negative sector sentiment towards agl.
upside from here for those who can see through the fog
going green, page-16
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Last
$10.22 |
Change
-0.320(3.04%) |
Mkt cap ! $17.60B | |||
| Open | High | Low | Value | Volume |
| $10.27 | $10.33 | $10.12 | $44.19M | 4.324M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43 | $10.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.23 | 4425 | 2 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |