Fonterra weren't looking at fundamentals when they bought over 9% of BGA at $4.89 per share. This is about dwindling opportunities in the Dairy Sector in the race to satisfy demand in the Asian markets.
There will in all likelihood be a 3 way tussle for BGA....
between Fonterra, Lion Nathan and Murray Goulburn.
And I think it will be even hotter than the battle for WCB.
bga accept saputo offer, page-5
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Last
$5.38 |
Change
-0.020(0.37%) |
Mkt cap ! $1.640B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.41 | $5.33 | $5.342M | 992.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.38 | 6704 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| BGA (ASX) Chart |