I longed it on the dip - was pure luck that I bid at the matchup on day 2. I suspect the market is confused about ORI - shorts are building up because resources is stuffed. But ORI is dependent on volumes (overburden too), not on the price. Look at the operating cashflow through the GFC - hardly moved. Hearing about the revolving door in senior management - it is probably a good thing that he is going.
Also have a look at NUF - went up over 30% on Rathbone leaving, after an initial bit of fear.
Did somebody say cheap Chinese explosives? Who would be willing to handle those?
Good luck
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Last
$17.23 |
Change
-0.110(0.63%) |
Mkt cap ! $8.381B | |||
| Open | High | Low | Value | Volume |
| $17.08 | $17.25 | $17.04 | $4.576M | 266.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1121 | $17.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.23 | 213 | 4 |
View Market Depth
| Last trade - 15.18pm 01/11/2024 (20 minute delay) ? |
| ORI (ASX) Chart |