WCB
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0.00% $9.01 warrnambool cheese & butter factory co.hold.ltd

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

  1. samgribbles
    159 Posts.
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    11/04/14
    13:46
    Post #: 13241530
    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
    WCB Price at posting: $8.42 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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