NAM 2.26% 68.0¢ namoi cotton limited

Ann: Namoi receives non-binding indicative offer from LDC, page-2

  1. 83 Posts.
    lightbulb Created with Sketch. 8
    Fantastic News! Finally a long awaited takeover offer.

    BUT… what a horrible price! Is the NTA on the balance sheet put out recently not to be believed? Is a dollar not worth a dollar anymore? Do the board just select random numbers in a spreadsheet as to the value of our company?
    pay me what you say it’s worth!
 
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