I haven't followed ORI closely for some years but if I recall correctly they bought this business in 2005 or 2006 for something close to $900m. Today they are selling it for $180m.
It's one of many illustrations of the extent to which the majority of acquisition-driven growth strategies end up being little more than a transfer of wealth from the shareholders of the acquiring company to those of the business being acquired.
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Last
$21.45 |
Change
0.080(0.37%) |
Mkt cap ! $10.24B | |||
| Open | High | Low | Value | Volume |
| $21.31 | $21.49 | $21.30 | $5.361M | 250.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 2588 | $21.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.46 | 2276 | 24 |
View Market Depth
| Last trade - 15.50pm 30/07/2025 (20 minute delay) ? |
| ORI (ASX) Chart |