OK, let's talk post split dollars which occurs 1/3/2006.Today, ORI is at about $26, or about $21 post split.IMHO, I looked over the numbers and I view $21 as undervalued. I think $24 is fair value.I must be missing some risks. I'm about 15 minutes into my research, so I might find something obvious in the next few minutes.So, to those that have been here a while, please tell me what some of the risks to ORI are.Thanks,kfh
No risks so far, all benefits. We seem to be off to a good start post split.
Is that a 2 for 1 split? If so how does 26 turn in to 21? Show your work, pal....just like in math class.
>> Is that a 2 for 1 split? If so how does 26 >> turn in to 21? It's a 5-4 split effective jan 3, 2006. it's actually happening. my numbers are ball park numbers.
It is a 5:4 split--so 26/1.25=20.8.I though the shares were to issued on 12/30--got the special dividend no shares?