Well if it was, and I have no reason to doubt you, then that indicates BAL is finished as a company in its own right and it is now worth breakup or salvage value. Without goodwill, I struggle to see how BAL can ever be worth much given Fonterra will presumably pay fire sale prices.
Another Australian company BAL down the drain all due to poor governance, risk and compliance. Will Australian companies ever learn? Even the Indonesians are having issues with Australian compliance see the Tiger Airways/ VAH saga? Another Ansett? Another BAL? When will the corporate codes and governance assessments in Australia get better?
Brace yourselves, page-100
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Last
$5.28 |
Change
0.090(1.73%) |
Mkt cap ! $3.822B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.14 | $18.87M | 3.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12652 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.29 | 3513 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |