Morning SP rise could be a result of a buy Recommendation for Nufarm, take over or not, i like the long term prospects of the sector. NUF will have their days, they are going through a cyclic cycle at present. AGriculture prices are bound to change as stocks, supply, and demand factors kick in, I am sure many have seen it all before. Long term a winner:
Nufarm (NUF)
Nufarm sentiment has been unsettled after agricultural company Monsanto's cautious tone on returns in its glyphosate operation. While market (supply/demand balance) and earnings risks remain material, it’s worth remembering the assumptions behind Monsanto’s forecasts are not fresh news and should have been broadly captured by NUF in the inventory write down it announced. Crop protection company Nufarm has the ability to manage its margins to a far greater extent than the more fully integrated Monsanto.
http://www.thebull.com.au/articles_detail.php?id=6119
All the best to all holders
LM
new hope of a possible to, page-2
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Last
$4.57 |
Change
0.010(0.22%) |
Mkt cap ! $1.746B | |||
| Open | High | Low | Value | Volume |
| $4.56 | $4.63 | $4.55 | $16.02M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5608 | $4.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.59 | 6170 | 3 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$4.59 |
Change
0.010 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| $4.55 | $4.62 | $4.55 | 168397 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| NUF (ASX) Chart |