Maybe...
I like how they pay ~$3 per dollar of sales to buy European assets, and sell Latin American for ~$0.50 per dollar of sales (after you adjust for the tonne of working capital in SA business, about $500m). Seems legit.
Ann: Sale of Nufarm South America to Sumitomo for $1,188 million, page-3
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Last
$4.60 |
Change
-0.060(1.29%) |
Mkt cap ! $1.758B | |||
| Open | High | Low | Value | Volume |
| $4.67 | $4.70 | $4.59 | $6.068M | 1.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17396 | $4.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.61 | 5748 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NUF (ASX) Chart |