afr saying nuf cr and rights tomm., page-19

Heavy discount...why? Surely its over doubts as to meeting guidance over the second half of the year. Such a heavy discount in my mind simply means sell my shares at $7.75 and buy back in at $5.75. Lock in a no risk 25% gain. In any case good luck to all holders I may be seeing this all wrong, but once again im seeing merit in timing a later entry while we wait until the overhang of $250m share issue to be cleared and trading conditions, particularly glyphosphate margins becomes clearer. If it means i pay more than what the price resumes trading at then so be it. in any case really intersting to see what NUF does in the next month, particularly with a large 20% investor now on board. But clearly even the Japanese are doing a wait and see strategy.