Origin has been cost cutting and dumping unnecessary divisions like its Solar (Sliver) division. The LNG side should uplift its price in a few years by at least $2-$3 and the expected increase in gas price in NSW should help out as well. I brought in years ago at around $15.00, but its a good defensive stock. When all the small caps this should hold. Mind you it did drop below $10 in the last year, had I the cash I would have 1,000s more. Defensive, growth and 50c divi not bad I say.
sp cycle, page-2
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Last
$9.79 |
Change
-0.080(0.81%) |
Mkt cap ! $16.86B | |||
| Open | High | Low | Value | Volume |
| $9.80 | $9.86 | $9.78 | $47.46M | 4.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7336 | $9.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.81 | 15900 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| ORG (ASX) Chart |