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Origin Energy Ltd V.ORG


Primary Symbol: OGFGF

Origin Energy Limited is an Australia-based integrated energy company. The principal activity of the Company is the operation of energy businesses, including exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas. The Company’s segments include Energy Markets, Share of Octopus Energy, Integrated Gas, and Corporate. The Energy Markets segment is engaged in energy retailing and wholesaling, power generation, and liquefied petroleum gas (LPG) operations predominantly in Australia. The Share of Octopus Energy segment includes the Company's investment in Octopus Energy Group Limited. The Integrated Gas segment is focused on the investment in Australia Pacific LNG (APLNG), and exploration interests in the Cooper-Eromanga, and interest in Hunter Valley Hydrogen Hub on Kooragang Island. The Corporate segment provides various business development and support activities.


OTCPK:OGFGF - Post by User

Bullboard Posts
Comment by thomasriddle75on Apr 09, 2013 5:34pm
267 Views
Post# 21233607

RE: RE: CANACO no more

RE: RE: CANACO no more

lack of volume not a surprise. essentially we are back to 0.36 again.   i know a number of people who haven't had their shares converted yet, so it would have been problematic if not impossible for them to take advantage of this spike up today (especially for RRSP accounts) .  also, some traders may have been playing this for the spinout shares to be issued and may have been selling CAN/ORG when it went ex-spinout (which could explain why the price really dipped in recent days and then bounced back).  if you all recall, TIG did a brief levitation on little volume when it first hit the market too. maybe the same is in the cards for ORG?

 

and yes, some information and news would be nice...

Bullboard Posts