A bit of an overreaction perhaps but the early downgrade to the SaverGlass outlook confirms some of our worst fears about overpaying for the asset and seemingly removes any possibility of a short term rebound.
Looks like we'll have to wait until FY25 for any green shoots. Not all bad news for some, I'm sure some overpaid executives will escape the Australian winter enjoying some nice visits to the south of France over the coming months.
Ann: ORA - FY24 Trading Update, page-6
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.660B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.98 | $1.94 | $19.15M | 9.712M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110341 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 78434 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ORA (ASX) Chart |