That's what happens when a company goes ex-dividend. It drops by whatever the dividend price is and then resumes normal trading. The fact that ORG is subject to a takeover makes no difference to that process. If you factor in the divvie it's sitting at around $8.20.
manipulation, page-31
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 (20min delay)
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Last
$10.68 |
Change
0.100(0.95%) |
Mkt cap ! $18.39B | |||
| Open | High | Low | Value | Volume |
| $10.63 | $10.73 | $10.60 | $24.11M | 2.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1947 | $10.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.69 | 4108 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |