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.
- Forums
- ASX - By Stock
- ORG
- A Mystery
A Mystery, page-13
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ORG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$10.76 |
Change
0.340(3.26%) |
Mkt cap ! $18.53B |
Open | High | Low | Value | Volume |
$10.50 | $10.76 | $10.44 | $124.5M | 11.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 260709 | $10.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.76 | 370883 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 260709 | 10.740 |
1 | 843 | 10.730 |
2 | 6758 | 10.700 |
6 | 227384 | 10.680 |
3 | 50460 | 10.670 |
Price($) | Vol. | No. |
---|---|---|
10.760 | 132675 | 1 |
10.770 | 282454 | 3 |
10.780 | 27736 | 1 |
10.790 | 2000 | 1 |
10.800 | 28237 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ORG (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online