ORI was the strongest stock on the main board yesterday rallying +4.7% on a day when almost 15% of the index fell by 5%, the explosives company delivered a strong half-year result with the business enjoying a 25% lift in revenue. Strong commodity prices have understandably pushed up demand and although this tailwind may diminish over the next 12-months, operationally the business is improving across the board which should encourage investors.
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PULSE CHECK WEBINAR: Portfolio positioning towards FY26
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Tuesday 3rd June – ASX +29pts, IEL, 360, TWE
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Gerrish: The correction is done, we’re positioning for what comes next
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Tuesday 3rd June – Dow up +35pts, SPI up +69pts
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MM is mildly bullish ORI
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