True, that.
When Orora was first spun out, I was a bit bemused because I didn't think the business was that far out of place within the larger Amcor group, so at the time I failed to see the point of de-merging.
But it seems to have been the correct strategic call because, standalone, ORA has actually done quite well since it was de-merged [*], which may not have been possible had the business not been independently capitalised and managed.
[*] not sure the share price performance necessarily reflects it, though
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Last
$14.07 |
Change
0.210(1.52%) |
Mkt cap ! $8.843B | |||
| Open | High | Low | Value | Volume |
| $13.90 | $14.12 | $13.90 | $71.92M | 5.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | $14.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.09 | 700 | 2 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| AMC (ASX) Chart |