I think that's exactly the point though? If they don't get operations back on track and get some strength back in the share price opportunistic bids will take it out of Australian hands. I grew up in Bega, it would be devastating to see a small co-op which supported farmers for decades fall over because of an aggressive aquisition strategy.
I'm not in anyway saying they are at that point but it's important to call out the potential risks.
Ann: Trading Update and Sale of Port Melbourne Site, page-50
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Last
$4.33 |
Change
0.050(1.17%) |
Mkt cap ! $1.319B | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.35 | $4.27 | $3.003M | 697.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64390 | $4.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.34 | 6241 | 4 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| BGA (ASX) Chart |