NUF 0.00% $3.74 nufarm limited

why is pre-open price $1.80 below to proposal?

  1. DSD
    15,766 Posts.
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    Nimble players can get NUF at 11.20 at open. I have only read 1st paragraph of today's ann but appears Shinochem will offer $13.00. I need to read entire document but is this a massive abritrage-type opportunity?? Something not alaigning here?
 
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