from today's 'Business Spectator.'
"Nufarm’s purchase of two American sorghum companies for an undisclosed price yesterday has raised the ire of one fund manager who likened the move’s opacity to a wider trend where company managers are treating themselves as kings, directors as fawning courtiers and shareholders as peasants."
I cannot see institutions who paid $11.50 several weeks ago in a capital raising accepting less than 12.00 in any TO attempt. They are already furious with CEO and will vote against a proposal than is not profitable. hence, if TO goes ahead (imo a 70% probability) then minimum would be 12.30. DYOR always. If you believe in risk/reward theory then NUF is a BUY.
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Last
$3.72 |
Change
-0.080(2.11%) |
Mkt cap ! $1.422B |
Open | High | Low | Value | Volume |
$3.80 | $3.81 | $3.71 | $2.507M | 669.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1607 | $3.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.73 | 692 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1607 | 3.720 |
4 | 13942 | 3.710 |
3 | 2190 | 3.700 |
5 | 7413 | 3.690 |
7 | 5557 | 3.680 |
Price($) | Vol. | No. |
---|---|---|
3.730 | 692 | 1 |
3.740 | 3309 | 2 |
3.750 | 692 | 1 |
3.760 | 692 | 1 |
3.770 | 692 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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