Sailor,
I have the feeling that your interpretation of what a falling knife is, differs from the rest of humanity.
Nobody should want to catch a falling knife , think about the phrase a little,
However , buying a stock that has fallen because management has done something slimy , worthwhile if the irritation felt by holders pushes the price too low.
For me , anything under 3 bucks is worth a go.
And despite my irritation I will take up my allocation . It is certainly still worth 2.70.
After APA , I didn't need another bout of "imaginative" management.
Ann: ORA - Completion of Institutional Entitlement Offer, page-18
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Last
$2.58 |
Change
0.030(1.18%) |
Mkt cap ! $3.466B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.60 | $2.52 | $9.230M | 3.597M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12462 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 29603 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ORA (ASX) Chart |