One would think ORG have the capacity to pay without needing to go to market first . They will go to market but I doubt they need to do one vs the other.
Cujo - it's true drilling costs are in USD but once the bank the cash , given the market cap is just above total ORG funds to be received , then buying back a proportion if shares would be very value accreditive.
One would think ORG have the capacity to pay without needing to...
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Last
$1.40 |
Change
-0.030(2.10%) |
Mkt cap ! $1.091B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.45 | $1.39 | $3.298M | 2.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23830 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 51420 | 4 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |