What is the mystery here? This is the market doing its thing and people have different opinions on value.
1. We have Origin fans:
For example the many large, well informed investors that value Origin at over $9.43/share (e.g. Brookfield, EIG, AusSuper and reportedly Perpetual).
2. We have Origin pessimists:
Some people on these boards have claimed the share price might drop to $5-6/share range if offer was rejected.
3. We have the current market price
The market has currently decided something around $8/share is fair.
You make up your own mind if the market is right or wrong on the share price.
But if it is going to trade at around $8/share after a bid falling over I think it backs the view that the offer of $9.43/share (+18%) was too low and not a sufficient premium for a takeover offer and control.
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Last
$10.34 |
Change
-0.070(0.67%) |
Mkt cap ! $17.81B |
Open | High | Low | Value | Volume |
$10.42 | $10.50 | $10.31 | $34.22M | 3.300M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10589 | $10.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.35 | 9232 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10589 | 10.300 |
4 | 29782 | 10.290 |
3 | 13799 | 10.280 |
2 | 16305 | 10.270 |
2 | 5600 | 10.250 |
Price($) | Vol. | No. |
---|---|---|
10.360 | 9395 | 1 |
10.370 | 11590 | 3 |
10.380 | 9395 | 2 |
10.390 | 16077 | 5 |
10.400 | 2000 | 2 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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