If they sell, Saputo will likely try to take the company private & delist from the stock exchange. (from what I've read)
If MG holds onto it, they'll be holding onto a company with a P/E ratio of 60+.. which is obviously grossly overpriced.
The market will likely correct sharply to reflect WCB's real value. Maybe 10-20 P/E is average for a dairy producer. Saputo is at around 13 P/E
Personally, I can't really see MG holding onto to any stock...
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Last
$5.56 |
Change
-0.020(0.36%) |
Mkt cap ! $1.696B |
Open | High | Low | Value | Volume |
$5.58 | $5.62 | $5.53 | $2.702M | 484.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1449 | $5.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.57 | 7 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1449 | 5.540 |
2 | 360 | 5.530 |
4 | 1707 | 5.500 |
1 | 1366 | 5.490 |
1 | 10000 | 5.480 |
Price($) | Vol. | No. |
---|---|---|
5.570 | 7 | 1 |
5.590 | 1449 | 2 |
5.620 | 31332 | 2 |
5.650 | 1660 | 2 |
5.690 | 5000 | 1 |
Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
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BGA (ASX) Chart |