Origin most likely was heavily shorted (and sold down by 9-10%) on the 29th Sept because of the analyst report re: Glencore's operations being unviable at current commodity prices & the shockwaves that this would cause because of their massive debt burden.
Most of the big commodity players were sold down heavily that day, especially those with very weak balance sheets like STO/ORG.
Management clearly flinched, may as well raise capital now whilst you still can....
Origin most likely was heavily shorted (and sold down by 9-10%)...
-
- There are more pages in this discussion • 3 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
$10.34 |
Change
0.020(0.19%) |
Mkt cap ! $17.81B | |||
| Open | High | Low | Value | Volume |
| $10.19 | $10.43 | $10.15 | $55.39M | 5.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9387 | $10.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.36 | 18599 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ORG (ASX) Chart |