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
$9.95 |
Change
-0.130(1.29%) |
Mkt cap ! $17.14B |
Open | High | Low | Value | Volume |
$9.98 | $10.01 | $9.91 | $22.74M | 2.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2121 | $9.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.96 | 14187 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53 | 9.910 |
4 | 4060 | 9.900 |
3 | 4518 | 9.890 |
1 | 505 | 9.870 |
3 | 8201 | 9.850 |
Price($) | Vol. | No. |
---|---|---|
10.020 | 600 | 1 |
10.080 | 3916 | 4 |
10.100 | 3299 | 4 |
10.130 | 40000 | 2 |
10.150 | 11000 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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