Potentially two hostile ( competing) takeover bids should keep price above $8 IMO.
I also see ORGs share of ALNG being floated as an investment vehicle as a viable funding option for green transition.
hence no debt loading, div stream maintained during transitions but maybe lower overtime as ALNG revenue now through investment trust.
Anyway Brookfield still has 2 days to
lift its offer to say 10 to $11 and win this and still profit.
What will this fall to on failed takeover?, page-16
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Last
$10.20 |
Change
-0.010(0.10%) |
Mkt cap ! $17.55B | |||
| Open | High | Low | Value | Volume |
| $10.28 | $10.29 | $10.16 | $5.492M | 537.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 16552 | $10.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.20 | 116 | 2 |
View Market Depth
| Last trade - 11.52am 05/06/2024 (20 minute delay) ? |
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Last
$10.18 |
Change
-0.010 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $10.25 | $10.28 | $10.17 | 232273 | ||
| Last updated 12.10pm 05/06/2024 ? | |||||
| ORG (ASX) Chart |