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
I longed it on the dip - was pure luck that I bid at the matchup...
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Last
$18.50 |
Change
0.080(0.43%) |
Mkt cap ! $8.970B | |||
| Open | High | Low | Value | Volume |
| $18.50 | $18.62 | $18.50 | $304.0K | 16.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1644 | $18.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.51 | 270 | 5 |
View Market Depth
| Last trade - 10.15am 30/09/2024 (20 minute delay) ? |
| ORI (ASX) Chart |