It is not normal vicissitudes. It is poor management judgement overpaying for assets.
Given they were also buying from a private equity owner, the purchase price should have been screaming caution.
Ann: ORA - FY24 Trading Update, page-7
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 (20min delay)
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Last
$1.98 |
Change
-0.035(1.74%) |
Mkt cap ! $2.653B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.02 | $1.98 | $11.20M | 5.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 101393 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 59853 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ORA (ASX) Chart |