Whether ORA paid a fair price for Saverglass or not is irrelevant - beyond what it says about the quality of management's judgement. What we have before us is merged ORA + Saverglass, post-raise at $2.50, selling at 2.12.
Awful for prior holders and all who ponied up for the cap raise.
The question now is - does ORA represent value?
Ash
Whether ORA paid a fair price for Saverglass or not is...
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Last
$1.99 |
Change
-0.070(3.40%) |
Mkt cap ! $2.673B | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.02 | $1.95 | $20.28M | 10.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21339 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 13069 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ORA (ASX) Chart |