It is not normal vicissitudes. It is poor management judgement overpaying for assets.
Given they were also buying from a private equity owner, the purchase price should have been screaming caution.
Ann: ORA - FY24 Trading Update, page-7
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 (20min delay)
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Last
$2.62 |
Change
0.030(1.16%) |
Mkt cap ! $3.519B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.65 | $2.55 | $22.11M | 8.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10918 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 1901 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| ORA (ASX) Chart |