The trading in ORA today does not make any sense. Why would you sell down 3% knowing that HY results are out tomorrow and PGH in the same business up 6% today on results.
Either these sellers know something else or they are just plain stupid. Most likely plain stupid.
Estimates from Commsec:
HY NPAT - $68.2M
Div - $0.065/share
Hopefully additional goodies from ORA that analysts have no privy to from the cash surplus.
The trading in ORA today does not make any sense. Why would you...
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Last
$2.50 |
Change
0.030(1.21%) |
Mkt cap ! $3.358B | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.51 | $2.47 | $9.751M | 3.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55842 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 30307 | 10 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| ORA (ASX) Chart |