ORG 1.48% $9.99 origin energy limited

I remembered when Ipl rised capital It monitored the trading...

  1. 800 Posts.
    lightbulb Created with Sketch. 1
    I remembered when Ipl rised capital It monitored the trading price for 2 wks then It offered new shares at the AVERAGE trading price.

    I bought Org at $11.30 and the Sp dived like a stone.

    Should I seek a re-entry point at $5.20 or at $4.00 in line with the price of new shares.

    What will happen if STO rise more capital. It will be the same fate as Org as its equities value will drop a futher 35%.

    I'm waiting for that to happen because Org and Sto are the leaders in Au Lng. They have strong REAL ASSETS backed rather than DIRT assets backed.
 
watchlist Created with Sketch. Add ORG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.