ORG 1.12% $10.83 origin energy limited

Ann: Revised proposal from Consortium at $8.90 per share, page-9

  1. 26,781 Posts.
    lightbulb Created with Sketch. 4582
    Errrrrr….. no.

    A ticking fee compensates ORG (usually equivalent to interest) for lag time in the event the consortium drag their heels and completion is any later than 30/11, starting from that day. ie it would ADD to the amount payable, not subtract and not before 30/11.
    Last edited by CEOChair: 22/02/23
 
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