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
$10.63 |
Change
-0.090(0.84%) |
Mkt cap ! $18.31B |
Open | High | Low | Value | Volume |
$10.61 | $10.67 | $10.56 | $24.85M | 2.375M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2821 | $10.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.64 | 31712 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33618 | 10.580 |
5 | 20625 | 10.570 |
3 | 26322 | 10.560 |
7 | 15043 | 10.550 |
3 | 2794 | 10.540 |
Price($) | Vol. | No. |
---|---|---|
10.640 | 12981 | 3 |
10.650 | 13626 | 3 |
10.660 | 10877 | 1 |
10.670 | 2711 | 2 |
10.700 | 490 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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ORG (ASX) Chart |