3 ASX All Ordinaries shares cracking new highs on Friday

The All Ordinaries Index (ASX: XAO) is having a fairly muted day of gains so far this Friday. At the time of writing, the All Ords has put on a rather measly 0.02% to just under 7,360 points.

But it’s been a far better day for some All Ords shares. So let’s dig into three that have just hit new 52-week highs this Friday.

3 All Ords shares hit new highs on Friday

Omni Bridgeway Ltd (ASX: OBL)

On the surface, it doesn’t look like an ultra-exciting day for the Omni Bridgeway share price. This All Ords financial share has gained 0.03% at the time of writing at $4.625 a share. But earlier today, the company rose as high as $4.65 – a new 52-week high for Omni Bridgeway.

It’s the highest share price the company has enjoyed since mid-2020. Omni Bridgeway shares have been climbing ever since the litigation funder announced some pleasing annual commitment numbers last month.

Tassal Group Limited (ASX: TGR)

Next up is the All Ordinaries fish-farming company Tassal Group. Like Omni Bridgeway, Tassal shares haven’t lit the world on fire with gains today. The company currently sits flat at $5.15 a share, up 0.1% for the day.

However, this gain is sitting on the shoulders of the stellar week the aquaculture company has enjoyed.

$5.16 is a new 52-week high for Tassal. Investors have been flooding into the share ever since Tassal announced that it had accepted a $1.1 billion ($5.23 per share) takeover offer on Monday from Canadian seafood company Cooke Inc.

Maca Ltd (ASX: MLD)

Mining services company Maca is our final All Ords share to check out this Friday. Maca shares have actually had a decent day of gains today, rising 4.46% to $1.055 a share. That comes after the company hit $1.06 this morning, which is… you guessed it, Maca’s new 52-week high.

This move comes after news yesterday that NRW Holdings Limited (ASX: NWH) had launched a takeover offer for Maca. Investors were offered $1.085 per share, but the company disclosed yesterday that it had told NRW ‘thanks, but no thanks’. Investors seem encouraged today, all the same.

The post 3 ASX All Ordinaries shares cracking new highs on Friday appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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