Taking the last closing price of $6.10, the injection of $2.5b into the company and the 57% increase in the number of shares, I calculate a share price of around $5.3o. But the measures proposed have de-risked the company to a fair degree, so a price in the high 5 dollars next week is not unreasonable methinks (optimistically).
Taking the last closing price of $6.10, the injection of $2.5b...
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Last
$10.66 |
Change
0.010(0.09%) |
Mkt cap ! $18.33B | |||
| Open | High | Low | Value | Volume |
| $10.78 | $10.78 | $10.62 | $18.51M | 1.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1202 | $10.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.67 | 14344 | 20 |
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| Last trade - 14.52pm 11/07/2024 (20 minute delay) ? |
| ORG (ASX) Chart |