ORG 3.26% $10.76 origin energy limited

Ann: Consortium increases cash consideration to $9.53 per share, page-131

  1. 15 Posts.
    lightbulb Created with Sketch. 2
    I saw the threat, which was repeated more explicitly in the AFR today, but wonder how realistic it is. This deal already mixes so many politically toxic things:

    - Foreign firm buying one of Australia's biggest private companies
    - Green energy (+ inevitable price hikes)
    - Big payouts for executives pushing for the sale of their company
    - General perception, whether fair or not, that Brookfield/EIG are underpaying

    Do Brookfield/EIG really want to add "perception they are abusing minority shareholders" to the list?

    I don't personally subscribe to the hero-villain narrative that many others do in relation to this deal, but it can't be denied that perceptions are already pretty bad for Brookfield/EIG.
    Last edited by viktorb: 06/11/23
 
watchlist Created with Sketch. 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
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ORG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.