are you waiting for a consolidation in the sp in order to make another entry?
ora seems to beat analysts forecasts based on the higher input cost for gas where it affected the company bottom line for 6-8 millions.
Its 23 M investment in Biogas to be completed in March 2018 should help to increase its margin
another thing is the value of aud/usd I think aud will be stuck in the range between 75-85 usd so manufacturing sector will be alright
ora could pass the costs to distributors as inflation rises hence food price will have to rise. Let's have a look how the company was able to rise B9 paper price as the price of paper in the US rose.
Watch out for woolworths and coles to see how long they have to keep shelf prices any lower for longer.
I am very bullish about recycle paper in Australia.
I don't know wether are there any folding machines that could run B9 paper to make paper bags.
I knew a friend in Vietnam He had to do by hands to make those recycled paper bags.
Australians will have to copy the way Americans going to shopping without Plastic bags.
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Last
$2.45 |
Change
-0.010(0.41%) |
Mkt cap ! $3.640B |
Open | High | Low | Value | Volume |
$2.48 | $2.48 | $2.43 | $7.112M | 2.901M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 129544 | $2.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.46 | 183721 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10028 | 2.580 |
5 | 238723 | 2.570 |
3 | 61762 | 2.560 |
5 | 9129 | 2.550 |
1 | 3952 | 2.530 |
Price($) | Vol. | No. |
---|---|---|
2.600 | 65907 | 3 |
2.610 | 9073 | 3 |
2.620 | 70297 | 4 |
2.630 | 68338 | 6 |
2.640 | 160000 | 2 |
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ORA (ASX) Chart |