NUF 1.34% $4.53 nufarm limited

takeover confirmed smh & fin, page-12

  1. 1,491 Posts.
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    rob43, maybe Sinochem actually plans for the next 10 years instead of letting all their corporate affairs become a day trading exercise. Who cares whether they buy at $13 or $11? In the big picture they are getting a good price near the bottom of the commodity cycle.

    If they play too tough and the cycle turns, they will never buy the company under $16.

    Too many people in this forum think two months ahead and don't understand any concept of long term value. Sinochem isn't buying Nufarm to make a trading profit in three months on a stock holding for God's sake!!
 
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