ORA 3.40% $1.99 orora limited

Ann: Trading Halt, page-8

  1. 860 Posts.
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    Totally agree opti. The precise wording is:
    "The securities of Orora Limited (‘ORA’) will be placed in trading halt at the request of ORA, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 30 August 2023 or when the announcement is released to the market."

    The two points in time are (i) the commencement of normal trading, and (ii) the release.

    Donning my horsehair wig, it seems to me that one of those has passed. There is definitely no trading - I see there are several thousand bids in above the last price and even more asks below it. Thus, the only remaining factor is the phrase "Unless ASX decides otherwise", and I think that's unlikely.

    Your assessment of 'sloppy' is fair.


    Last edited by hudathunkit: 30/08/23
 
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