GFF goodman fielder limited.

anyone watching gff today?

  1. asf
    9,887 Posts.
    I reckon something is afoot. Winmar bought into GFF when the SP was about 51.5c. They paid 60c per share. There is far greater volume today than usual. When Winmar bought in, the SP rose some 30% in speculation of a takeover. Now it is back to the price Winmar bought in, and the fats and oils sale must be at the pointy end.

    Could go down in share price. Doesn't look like going up much right now, but this is the level I was waiting for and bought in today. If no takeover, then the turnaround story is going ok, I've read. If GFF sell fats and oils, I hope they'd give a dividend. The company as said a dividend will be considered in upcoming results, so there may be a value proposition here.

    Any other watchers or holders of GFF around? Thoughts?
 
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