That's what happens when a company goes ex-dividend. It drops by whatever the dividend price is and then resumes normal trading. The fact that ORG is subject to a takeover makes no difference to that process. If you factor in the divvie it's sitting at around $8.20.
manipulation, page-31
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 (20min delay)
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Last
$9.95 |
Change
-0.130(1.29%) |
Mkt cap ! $17.14B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.01 | $9.91 | $22.74M | 2.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2121 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.96 | 14187 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ORG (ASX) Chart |