SP is getting to an interesting place. Olam plan to spend $55 mil to build a processing plant. There is a company on the market for $110 mil that not only has a processing plant that would fulfill Olam's needs but with a substantial orchard acreage as well.
Don't know what the legal position might be in dumping your supplier, screwing the SP and then buying your supplier at a knock down price, but an interesting thought.
Dis: getting really close to my buy back in SP.
$110 mil vs. $55 mil
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Last
$3.66 |
Change
0.000(0.00%) |
Mkt cap ! $520.1M | |||
| Open | High | Low | Value | Volume |
| $3.62 | $3.68 | $3.61 | $242.0K | 66.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 490 | $3.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.66 | 3021 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SHV (ASX) Chart |