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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True, that. When Orora was first spun out, I was a bit bemused...
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$15.08 |
Change
0.420(2.86%) |
Mkt cap ! $9.024B | |||
| Open | High | Low | Value | Volume |
| $14.94 | $15.11 | $14.92 | $32.15M | 2.137M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4579 | $15.07 |
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| Price($) | Vol. | No. |
|---|---|---|
| $15.08 | 3725 | 1 |
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