As a current shareholder, if the takeover doesn't get approved, I see a future of increased debt to fund massive investment in renewables.
Reduced dividends to pay interest.
And a potential capital raise to shore up the BS, if energy prices fall and risk increases....
It will be the APLNG story all over again, when the POO crashed and ORG was carrying too much debt and had a destructive $4 cap raise.
We finally have light at the end of the tunnel, and we are diving back in the tunnel again...
What will this fall to on failed takeover?, page-6
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Last
$10.42 |
Change
0.080(0.77%) |
Mkt cap ! $17.95B | |||
| Open | High | Low | Value | Volume |
| $10.35 | $10.42 | $10.29 | $47.39M | 4.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65329 | $10.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.42 | 50084 | 8 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |