ASX All Ords shares finished in the green on Tuesday after a topsy-turvy day on the market.
The S&P/ASX All Ordinaries Index (ASX: XAO) closed up 0.2% to 7,402.9 points.
But these three ASX All Ords shares outperformed after company news excited investors today.
Let's take a look.
ASX All Ords shares that soared on company news today
Select Harvests share price up 10% on positive 2024 outlook
Select Harvests Ltd (ASX: SHV) shares went gangbusters after the release of a conference presentation. In it, the almond producer said the outlook for farming in 2024 is positive, with long-term prices for almonds expected to rise, and the industry operating on a compound annual growth rate (CAGR) of 5% to 8%. Select Harvests reported a bigger-than-expected 2023 crop with 80% of it already sold. The ASX All Ords agriculture share closed the session on Tuesday up 10.42% to $4.45 a share.
Delta Lithium shares up 7% as Chris Ellison joins board
The Delta Lithium Ltd (ASX: DLI) share price flew high on news of Mineral Resources Ltd (ASX: MIN) founder and CEO Chris Ellison joining the board as the non-executive chair. Joshua Thurlow, the CEO of MinRes's lithium division, is also joining as a non-executive director. This follows Mineral Resources substantially increasing its stake in Delta Lithium to 17.44% last month. The ASX All Ords lithium share closed up 6.5% to 74 cents a share.
Develop Global share price up 7% as new mine plan released
The Develop Global Ltd (ASX: DVP) share price soared after the miner released an updated site plan for its flagship Woodlawn Copper-Zinc Project in NSW. The plan shows that Woodlawn is set to generate a pre-tax internal rate of return of 367%. The company expects the mine to generate free cash flow of $626 million over its seven-year life. The ASX All Ords mining share closed up 6.52% to $2.94 apiece.
