WCB warrnambool cheese & butter factory co.hold.ltd

Read the ASX platform.It was for WCB shareholders, not WCB, to...

  1. 159 Posts.
    Read the ASX platform.

    It was for WCB shareholders, not WCB, to accept. And yes, takeover is over and Saputo ended up with less than 90% so no compulsory takeover to 100%.

    Shares are trading, appears quite a few small holders did not sell to Saputo. Silly to hold for my mind, the share price should drift back down near to where it was before the takeover.

    Also, I see WCB no longer pays any dividends, and is on a very high P/E ratio
 
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