Olam's almond binge in Australia may have been its best buy ever... but its other use of leverage has come back to haunt it.
Let's say sacking Shv and building their own plant was not the best use of capital in retrospect... Looks like their was no winner from that episode...But a big question is if Shv can buy back the farm or at least part of it?
Now there is a capital raising I could support!
http://www.queenslandcountrylife.com.au/news/agriculture/agribusiness/general-news/laguna-considers-olams-australian-assets/2670354.aspx
can shv buy back the farm?
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Last
$3.95 |
Change
0.410(11.6%) |
Mkt cap ! $478.1M | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.96 | $3.65 | $1.359M | 352.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 876 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 1147 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |