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Orica (ASX:ORI) has had a great run on the share market with its stock up by a significant 6.6% over the last month. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Specifically, we decided to study Orica's ROE in this article.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it...
>>> Read more: Can Orica Limited's (ASX:ORI) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it...
>>> Read more: Can Orica Limited's (ASX:ORI) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
