Read through this thread and see the pain, frustration and anger of decent shareholders whose life savings are evaporating in front of them. Energy prices starting declining 14 months ago. 12 months ago ORG SP was $15. On June 1st just 4 months ago SP at $13.40. During the entire period the general trend for energy and esp LNG was DOWN. Plus numerous articles had illustrated why this trend was unlikely to reverse anytime soon.
Yesterday's ORG SP $6.10 a 12 yr low! It didn't get this bad even at height of GFC. Yet these clowns in charge all on $2-5million/yr wait until now to do a CR!! A child could have done better.
$4.50 is 70% below SP of 12 mths ago and 66% below SP of just 4 months ago. At $4.00 its even worse. If owned just one share in ORG I'd be attending the AGM and make my feelings known. Its a disgrace yet media describe them as 'industry giants'.
Trading halt after a 60% price collapse?, page-25
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$9.96 |
Change
0.000(0.00%) |
Mkt cap ! $17.15B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.04 | $9.96 | $63.17M | 6.336M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 279332 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.98 | 2302 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |