There’s going to be consolidation and further factory closures in dairy/food. Just a fact there’s not enough raw materials produced in Aus at the moment.
more of an environment for a cashed up entity to aggressively acquire struggling smaller companies imo .
FI not likely with the recent purchases barely scrapping through, so which Australian company has the cash to take advantage?
IMO BGA fits this somewhat.
takeover ???, page-12
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$4.37 |
Change
-0.100(2.24%) |
Mkt cap ! $1.331B | |||
| Open | High | Low | Value | Volume |
| $4.48 | $4.48 | $4.37 | $1.648M | 373.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3428 | $4.37 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.38 | 774 | 1 |
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| BGA (ASX) Chart |