I think one article I saw mentioned a $2.19B offer and a $1.6B raising. I'd have to see the numbers but I can't imagine Carlyle Group selling at a bargain and we're at a very low point for the $A against the Euro so I'd need to be convinced they're not overpaying and stretching their balance sheet even with the raise.
I've been having a tiny bit of seller's regret with ORA but after this I'm relatively happy to be on the sidelines. Lots of details to come but with such a (potentially) massive raise this deal comes with a whole bunch of risk.
News: ORA Orora Ltd Announces Continuation Of Suspension From Quotation, page-3
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Last
$1.92 |
Change
-0.080(4.00%) |
Mkt cap ! $2.599B | |||
| Open | High | Low | Value | Volume |
| $1.99 | $1.99 | $1.90 | $11.57M | 6.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 56923 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 108866 | 28 |
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| Last trade - 13.34pm 10/07/2024 (20 minute delay) ? |
| ORA (ASX) Chart |