This stock should be trading at $8.50 on fundamentals at an absolute maximum after the horrible trading performance and not a terribly upbeat outlook or next 12 months or more.....paying a 50%+ premium in the current environment is silly....no-one else was lining up to buy NUF by the sounds of it.
All I am saying is Sinochem held all the cards and could have taken this out for $12 or perhaps even less.
However re-reading the announcement I doubt Sinochem will pay the $13 once they get through another 5 weeks of due diligence!!!
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- takeover confirmed smh & fin
takeover confirmed smh & fin, page-14
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Last
$4.61 |
Change
0.080(1.77%) |
Mkt cap ! $1.762B |
Open | High | Low | Value | Volume |
$4.55 | $4.63 | $4.55 | $2.876M | 625.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6369 | $4.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.61 | 683 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 842 | 4.590 |
1 | 842 | 4.580 |
1 | 842 | 4.570 |
1 | 842 | 4.560 |
2 | 1742 | 4.550 |
Price($) | Vol. | No. |
---|---|---|
4.620 | 529 | 1 |
4.630 | 4495 | 1 |
4.640 | 16220 | 2 |
4.650 | 1220 | 2 |
4.670 | 5000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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NUF (ASX) Chart |