NUF 3.13% $3.95 nufarm limited

probability of takeover increasing

  1. DSD
    15,799 Posts.
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    Todays note in SMH that Felix resources have been offered around 3.7Billion by Chinese outfit confirms China still is keen to grab under-valued Aussie companies. NUF offers market-share and stratigic importance that Felix can only dream-of. i remain confident the TO being canvassed re NUF will go-ahead and now reckon it's a 80% probability. Felix will get at least a 20% premium to its SP from China. i don't expect any different re NUF. BUY IMO.
 
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