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
$2.14 |
Change
0.000(0.00%) |
Mkt cap ! $2.875B |
Open | High | Low | Value | Volume |
$2.14 | $2.16 | $2.13 | $12.10M | 5.660M |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 103526 | $2.13 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.14 | 58680 | 4 |
View Market Depth
No. | Vol. | Price($) |
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10 | 63264 | 2.130 |
24 | 259658 | 2.120 |
15 | 122849 | 2.110 |
21 | 120210 | 2.100 |
4 | 40055 | 2.090 |
Price($) | Vol. | No. |
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2.140 | 14981 | 2 |
2.150 | 57953 | 6 |
2.160 | 92629 | 6 |
2.170 | 52322 | 4 |
2.180 | 24927 | 4 |
Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
$2.15 | $2.16 | $2.13 | 1880164 | ||
Last updated 15.59pm 27/05/2024 ? |
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