ORI 2.96% $18.10 orica limited

Bad result. Share price goes up. market logic :-) Only answer...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,750 Posts.
    lightbulb Created with Sketch. 80
    Bad result. Share price goes up. market logic

    Only answer I've got is that its PE is still a lot lower than IPL and the ANN has confirmed that ORI is at least on a somewhat even keel as opposed to falling off a cliff. But...got no idea.
    Can somebody much smarter than me explain the ANN and why the share price decides its going on?

    Seems stupid. Would not buy at these levels no way.
 
watchlist Created with Sketch. Add ORI (ASX) to my watchlist
(20min delay)
Last
$18.10
Change
0.520(2.96%)
Mkt cap ! $8.698B
Open High Low Value Volume
$18.13 $18.49 $18.02 $41.33M 2.270M

Buyers (Bids)

No. Vol. Price($)
4 19753 $18.10
 

Sellers (Offers)

Price($) Vol. No.
$18.15 28199 4
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ORI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.