Madamswer's prescient post points to the immediate future of ORA's SP.
https://hotcopper.com.au/posts/69827293/singles
Raising $1.345m was a big ask. Only 39% of retail entitlements, including the +50% excess entitlements, were taken up. This follows tepid interest in the institutional offer. Underwriters are now holding a giant pile of unwanted stock they will need to promptly trade out of.
In a word, indigestion. The supply of stock V demand had blown out the wazoo.
The ORA business is sound, the acquisition coherent and logical. Watching with interest.
Ash
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Last
$1.93 |
Change
-0.040(2.04%) |
Mkt cap ! $2.586B |
Open | High | Low | Value | Volume |
$1.94 | $1.95 | $1.91 | $23.85M | 12.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 306846 | $1.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.93 | 6635 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 77895 | 1.920 |
13 | 138497 | 1.915 |
29 | 319998 | 1.910 |
11 | 119407 | 1.905 |
36 | 211333 | 1.900 |
Price($) | Vol. | No. |
---|---|---|
1.925 | 6635 | 1 |
1.930 | 51547 | 3 |
1.935 | 103018 | 6 |
1.940 | 168173 | 7 |
1.945 | 68246 | 4 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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