That some people have bought above the approx. $8.72 takeover price suggests,
1/ a mistake has been made
2/ people expect another and higher bid
3/ people expect the authorities to deny the bid with Origin to stay as is and trade higher
4/ or some people want a small capital loss.
Buying above $8.72 continues so it can't be a mistake, can it? I'd be happy with a higher bid but don't know where it's coming from. Having the bid knocked back is a real possibility. Whether ORG would trade higher is in the realm of who knows.
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Last
$10.07 |
Change
0.165(1.67%) |
Mkt cap ! $17.22B |
Open | High | Low | Value | Volume |
$10.01 | $10.07 | $9.95 | $15.17M | 1.517M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3361 | $10.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.07 | 7595 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 10427 | 10.060 |
15 | 10215 | 10.050 |
15 | 13810 | 10.040 |
10 | 9804 | 10.030 |
11 | 21310 | 10.020 |
Price($) | Vol. | No. |
---|---|---|
10.070 | 6057 | 22 |
10.080 | 11422 | 19 |
10.090 | 16615 | 13 |
10.100 | 68962 | 13 |
10.110 | 7339 | 6 |
Last trade - 12.11pm 20/08/2024 (20 minute delay) ? |
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ORG (ASX) Chart |