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 ! $17.96B |
Open | High | Low | Value | Volume |
$10.42 | $10.50 | $10.32 | $12.36M | 1.188M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 4569 | $10.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.35 | 13021 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 4535 | 10.340 |
13 | 10515 | 10.330 |
12 | 12561 | 10.320 |
10 | 17255 | 10.310 |
9 | 18220 | 10.300 |
Price($) | Vol. | No. |
---|---|---|
10.350 | 13177 | 43 |
10.360 | 14414 | 30 |
10.370 | 12419 | 13 |
10.380 | 21465 | 12 |
10.390 | 25624 | 15 |
Last trade - 13.08pm 19/06/2024 (20 minute delay) ? |
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