There's always something that can change on the fundamentals that means taking a loss is the correct decision, the elevator can go to the basement.
I don't think the announcement of a $200m loss justifies a $600m reduction in price or means lights out for Origin!
News: ORG Origin Energy Revises FY21 Energy Markets Underlying EBITDA In Range Of $940-$1,020..., page-38
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Last
$10.77 |
Change
0.080(0.75%) |
Mkt cap ! $18.55B | |||
| Open | High | Low | Value | Volume |
| $10.71 | $10.77 | $10.71 | $24.52M | 2.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8297 | $10.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 8847 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |