In relation to your post Lomu,if you need the div desperately then get out, I expect many will drop them,but looking at the long term view,the company share price will strengthen,over time.I am hoping a few will drop out next week and I can pick up a few more.I am holding ORG and OSH,From my research looks like oil will stabalize around the $50-60 mark which bodes well for ORG
There could be a lot of people who may sell as they might be looking at the div and buy bank shares to get a better div,but my thoughts are the banks are a lot riskier than the oil as I believe they have over lent particularly in Syd and Melb,lets see where ORG ends up by the end of next week,will be interesting!!!
org/up or down
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Last
$10.86 |
Change
-0.090(0.82%) |
Mkt cap ! $18.70B | |||
| Open | High | Low | Value | Volume |
| $10.94 | $11.06 | $10.86 | $35.83M | 3.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 112720 | $10.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.88 | 176 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |