Orica is 7th in shorts with 11% a massive increase, and buyback is only 5% Complete. Come May and when profit guidance is flat sp will have a lot more upside.
PE is higher than most miners, but that's because it's a very stable business. CSla has an arrival that orica could get bid upto $31 and still get a 15% return due to cheap debt and low capex.
Once it spikes it'll run fast imo, my PT is still 22.
Orica is 7th in shorts with 11% a massive increase, and buyback...
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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 |
