Management would not like the loss of their jobs through a breakup and asset sale, even if it made shareholder sense.
That scenario would have to be initiated by the board.
Regardless, share price is rerating for bumper cotton crop, now and plenty of water for next season.
Good crop, good quality, good price.
Recent Flooding & Impact on Namoi Cotton, page-3
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Last
70.5¢ |
Change
0.030(4.44%) |
Mkt cap ! $144.7M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 71.0¢ | 68.5¢ | $3.596M | 5.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14124 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 371191 | 1 |
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| Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
| NAM (ASX) Chart |