My figures were a bit off in saying it would double the size of Bega, I was looking at the figure attached to the previous Chinese takeover bid.
Am I correct in interpreting it to say that we might be paying $500 million, for what the Chinese previously offered $1.5 billion? Or am I missing something? If so that sounds like a steal.
My emphasis below:
"A Chinese dairy heavyweight was previously in the hot seat for a $1.5 billion takeover bid, but that was shut down by the federal government in August. Now, Bega Cheese is the frontrunner to snap up the company in a mooted $500 million deal, according to The Australian."
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.27 |
Change
0.090(1.74%) |
Mkt cap ! $1.606B | |||
| Open | High | Low | Value | Volume |
| $5.15 | $5.28 | $5.15 | $1.116M | 213.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 4588 | $5.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.27 | 7284 | 25 |
View Market Depth
| Last trade - 14.51pm 30/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |