It's in the grey zone. Technically it looks like it's been in a consolidation pattern for the past 12 months and could move higher within the pattern at any time. Fundamentally after the sale it's now probably the most expensive ( based on PE ) mining service company in the world. Ultimately fundamentals will win out but while the sugar treats like buybacks etc are around and no new forward guidance given it's hard to gauge where it's going. Earnings guidance won't probably be given to May so could stay in this $3 trading range until then.
It's in the grey zone. Technically it looks like it's been in a...
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 (20min delay)
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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 |
