There's always something that can change on the fundamentals that means taking a loss is the correct decision, the elevator can go to the basement.
I don't think the announcement of a $200m loss justifies a $600m reduction in price or means lights out for Origin!
News: ORG Origin Energy Revises FY21 Energy Markets Underlying EBITDA In Range Of $940-$1,020..., page-38
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Last
$10.60 |
Change
-0.080(0.75%) |
Mkt cap ! $18.26B | |||
| Open | High | Low | Value | Volume |
| $10.60 | $10.68 | $10.56 | $29.58M | 2.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11399 | $10.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.65 | 22537 | 4 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |