ORG 0.47% $10.63 origin energy limited

Looks like the SP will test the sub $5 before you might see it...

  1. 9,580 Posts.
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    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..
    Last edited by ML173: 24/09/15
 
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