ORA 1.18% $2.58 orora limited

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  1. 6,823 Posts.
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    Hi ashentegra,
    The share price is doing OK.
    I bought more a bit under the raising price , so not looking too bad at this stage.
    Share price at fair value at this stage.
    That doesn't excuse the management for its destruction of shareholder wealth with its acquisition.
    Just how bad or good a buy it was , will come out with the next earnings report and dividend.
    My feeling is that it will confirm the present sp and a return to 3.30 plus is a long way off , if ever.
    Management bonus hurdles will, I am sure , be reset much lower, to reflect that.
    cheers
 
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