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
$5.43 |
Change
-0.035(0.64%) |
Mkt cap ! $1.666B | |||
| Open | High | Low | Value | Volume |
| $5.44 | $5.47 | $5.41 | $367.2K | 67.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 539 | $5.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.43 | 2516 | 10 |
View Market Depth
| Last trade - 10.24am 03/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |