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
$10.44 |
Change
-0.165(1.56%) |
Mkt cap ! $17.77B | |||
| Open | High | Low | Value | Volume |
| $10.60 | $10.60 | $10.17 | $39.13M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4515 | $10.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.44 | 9124 | 9 |
View Market Depth
| Last trade - 12.51pm 31/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |