Kind of but there is nothing wrong with averaging up in the right circumstances especially after a good results report.
The other thing is don't be too hard on mangement for overpaying for Saverglass. They had to to buy the business at the time it became available.
One should have been aware of that at the time of the $2.70 rights issue. Now you can buy the shares at over a 15% discount to that which takes some of the hot air out.
Ann: ORA - FY24 Trading Update, page-17
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ORA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.92 |
Change
-0.050(2.54%) |
Mkt cap ! $2.589B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.91 | $9.918M | 5.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 54072 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 105315 | 43 |
View Market Depth
| Last trade - 13.12pm 25/06/2024 (20 minute delay) ? |
| ORA (ASX) Chart |