ORA 1.14% $2.66 orora limited

Ann: Change of Director's Interest Notice, page-12

  1. 7,434 Posts.
    lightbulb Created with Sketch. 1093
    yes totally agree, its a big acquisition, if it goes wrong, share price will go south.

    But I bought comfortably under the acquisition price, I paid around $2.50 average.

    My position is also only 1% of the portfolio, so I have some maneuvering room.

    On the negative: they bought the acquisition from private equity (I am weary of anything from private equity)
    On the positive: they bought as interest rates spiked (private equity heavily gear, and might find it hard to hold in a higher interest rate environment).

    Lets see.

 
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