ORG 0.60% $10.01 origin energy limited

Banter and general comments, page-10

  1. 3,770 Posts.
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    Look at what has happened since the "bid" (aka opportunistic attempt to wrench ORG from our hands):
    - ORG made more half year profit and paid out a bigger ff div than anyone expected
    - Oil price (and hence linked LNG) price has since risen
    - retail business good and growing
    - Octopus/Kraken is shooting the lights out (and seems to have a huge trajectory for growth)
    - export gas will not be confiscated by Aust govt for local needs
    - Eraring will probably get life extension, and NSW govt will probably assist this with $$ to keep the lights on
    - NSW govt also seems to be helping with coal purchase costs
    - rest of business including the "greening" parts is doing well

    I think that we shareholders need a lot more ambition than hoping for breakup or takeover!

 
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