Yeah it seems to me that the "sentiment" of ORI (or the manipulation) has quit for the time being. If ORI's upcoming half year end 31st March report is
A) Got a lot of cost cutting (and tangible benefits from)
B) Capital Management
C) stable income stream largely unchanged
Then I would suggest Ori is heading back to 22-23 and if the sharemarket is roaring at the time (who knows) maybe even $25.
I wish I had bought in more at low $17's as I wanted to very much but I already have a very big chunk in ORI anyways.
I wouldn't necessarily buy more at ORI's current price though as I think we will see mid to low 18's again before 31st march.
ORI Price at posting:
$19.46 Sentiment: Hold Disclosure: Held
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