I had the same reaction as you when I saw 4%. But then I thought about it a little. The electricity hedging that has kept us from taking full advantage of substantial price increases is finally coming off. Octopus looks wonderful. I’m also optimistic about Brent/LNG prices going forward. The consortium is considering paying $9 per share FOR A REASON. I’’ll be chuffed it it goes ahead, but I’m
with Aceboy…if it doesn’t, we should grin and bear the short term pain, and look forward later to the ride the consortium anticipated when it launched its bid in the first place. I don’t think the recent government announcements are all that material…just one of the many slings and arrows we will have to fend off on a pleasant long term journey.
News: ORG Origin Energy lifts annual forecast for energy markets business, page-7
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Last
$10.76 |
Change
0.340(3.26%) |
Mkt cap ! $18.53B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.76 | $10.44 | $124.5M | 11.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 260709 | $10.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.76 | 370883 | 11 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |