From what chatter I have picked up on Sinochem have been fairly firm on price from Day 1 a month or so ago and not really moved in discussions since.....Nufarm with the worsening/prolonged Glyphosphate situation are now more likely to move to that figure rather than watch their share price fall back to $9 or below. I reckon it makes a deal much more likely - pretty simple!
Such an approach to this takeover from China doesn't surprise.....very similar to stance the Japanese have been taking in recent acquisitions in Aus, don't move much from original offer and wait for capitulation.
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Last
$2.43 |
Change
-0.030(1.22%) |
Mkt cap ! $930.7M | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.47 | $2.42 | $3.595M | 1.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 30366 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 1005 | 1 |
View Market Depth
| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| NUF (ASX) Chart |