One lot of hefty institutional money thats not a seller is Allen Grey, they look to have a very high buy conviction
You could be right about dropping the div but I’d assume AG would have a pretty good understanding of the balance sheet & wouldn’t be buying if they thought there was a capital raise on the horizon so that gives me some confidence buying now based on capital gain over the next 2 years should more than offset lost dividends
Ann: ORA - Investor Day Presentation 17 - 18 April 2024, page-25
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Last
$1.99 |
Change
0.060(3.12%) |
Mkt cap ! $2.666B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.99 | $1.93 | $25.82M | 13.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51578 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 87685 | 4 |
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| ORA (ASX) Chart |