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
$10.45 |
Change
0.005(0.05%) |
Mkt cap ! $17.95B | |||
| Open | High | Low | Value | Volume |
| $10.42 | $10.46 | $10.40 | $5.829M | 558.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 8226 | $10.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.45 | 4019 | 27 |
View Market Depth
| Last trade - 12.43pm 28/05/2024 (20 minute delay) ? |
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Last
$10.46 |
Change
0.005 ( 0.24 %) |
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| Open | High | Low | Volume | ||
| $10.42 | $10.47 | $10.40 | 794971 | ||
| Last updated 13.03pm 28/05/2024 ? | |||||
| ORG (ASX) Chart |