Looks like the SP will test the sub $5 before you might see it to double..
More than $10billion debts in the current low energy prices market should be taken seriously.
Only if management can cut the debts by 50% for breathing space. The only assets can be sold for a reasonable amount are downstream customers account, which is the main revenue earner atm.. I am affraid ORG is running out of saleable assets to raise cash for debts reduction..
There is a higher risk for ORG to call a CR than STO..
ORG a shorting victim after STO, page-47
-
- There are more pages in this discussion • 128 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ORG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.91 |
Change
0.080(0.81%) |
Mkt cap ! $17.07B | |||
| Open | High | Low | Value | Volume |
| $9.83 | $10.01 | $9.79 | $50.44M | 5.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $9.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.94 | 388 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |