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
$1.97 |
Change
-0.010(0.51%) |
Mkt cap ! $2.653B | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.00 | $1.96 | $8.112M | 4.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 99073 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 38836 | 15 |
View Market Depth
| Last trade - 14.08pm 28/06/2024 (20 minute delay) ? |
| ORA (ASX) Chart |