What is the mystery here? This is the market doing its thing and people have different opinions on value.
1. We have Origin fans:
For example the many large, well informed investors that value Origin at over $9.43/share (e.g. Brookfield, EIG, AusSuper and reportedly Perpetual).
2. We have Origin pessimists:
Some people on these boards have claimed the share price might drop to $5-6/share range if offer was rejected.
3. We have the current market price
The market has currently decided something around $8/share is fair.
You make up your own mind if the market is right or wrong on the share price.
But if it is going to trade at around $8/share after a bid falling over I think it backs the view that the offer of $9.43/share (+18%) was too low and not a sufficient premium for a takeover offer and control.
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Last
$9.66 |
Change
0.060(0.63%) |
Mkt cap ! $16.64B |
Open | High | Low | Value | Volume |
$9.53 | $9.77 | $9.53 | $120.0M | 12.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 15914 | $9.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.66 | 12681 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 103 | 9.650 |
1 | 1035 | 9.640 |
2 | 1620 | 9.630 |
2 | 2800 | 9.620 |
2 | 1341 | 9.610 |
Price($) | Vol. | No. |
---|---|---|
9.670 | 313 | 1 |
9.680 | 2070 | 1 |
9.700 | 21252 | 5 |
9.730 | 20000 | 1 |
9.740 | 814 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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