Nufarm has Inventory of assets:$1.17 billion (26.3% of total...

Nufarm has Inventory of assets
:$1.17 billion (26.3% of total assets) Of land and equipment.

Accounts Receivable: AU$631.53 million (14.3%)

Cash & Equivalents: AU$463.56 million (10.5%)

These figures indicate that tangible assets constitute a significant portion of Nufarm’s total assets.

Plus Intangible assets account for approximately 26% of Nufarm’s total assets.
This includes:Intangible Assets: AU$982.44 million (22.2%)Goodwill: AU$216.54 million (4.9%)

With a debt of $1.4 million.
Just going on the assets that would be saleable.

Nufarm would be still in a positive of over $1 billion. This is not taking account of the Goodwill and intangible assets.

With a market cap of less than $1 billion now.

The share price couldn’t possibly get much lower than it is.

If it gets any lower than this, it will be an absolute bargain.

Not sure if I’m missing something