Hi all; just curious about the near 25% drop in ORN share price...

  1. 255 Posts.
    lightbulb Created with Sketch. 38
    Hi all; just curious about the near 25% drop in ORN share price this week. It seems to me that the sale of the mining rights by ORN is a cash-raising exercise to focus on the main goal of discovering "world class precious metals" which I think is a good thing. This doesn't seem to be the view of investors dumping the stock. Having held this for a long time now, it all seems very repetitive; no doubt it will shoot back up again when the board releases another "boy who cried wolf" statement to the market declaring "we found what we are looking for (sort of)". I'll either make a killing on this or lose everything, has anyone got a view?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $72.81M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 295776 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 910956 3
View Market Depth
Last trade - 16.21pm 13/08/2025 (20 minute delay) ?
ORN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.