Sailor,
I have the feeling that your interpretation of what a falling knife is, differs from the rest of humanity.
Nobody should want to catch a falling knife , think about the phrase a little,
However , buying a stock that has fallen because management has done something slimy , worthwhile if the irritation felt by holders pushes the price too low.
For me , anything under 3 bucks is worth a go.
And despite my irritation I will take up my allocation . It is certainly still worth 2.70.
After APA , I didn't need another bout of "imaginative" management.
Ann: ORA - Completion of Institutional Entitlement Offer, page-18
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Last
$2.46 |
Change
0.070(2.93%) |
Mkt cap ! $3.305B | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.50 | $2.40 | $27.80M | 11.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13548 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.47 | 9674 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| ORA (ASX) Chart |