ORR 0.00% 56.5¢ orecorp limited

Yeah, this has ended with so many unanswered open questions. I...

  1. 130 Posts.
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    Yeah, this has ended with so many unanswered open questions. I think it all comes down to the ‘hidden’ costs in Perseus’ scare tactic announcement.

    - Government moving to 20% from 16%.
    - $18.8M in compo.
    - $17.9M potential unpaid taxes.
    - $13.5M in new employee shares issued at the last AGM.

    All adds up to over $50M and close to 11c per share.

    Our board did not deny any of the first three and I guessed the last one.

    I rated the SVM divi and upside.




 
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