I can't believe there is so little interest in NFNG the stock selling below issue price of $100 with a interest rate paid quarterly of 6+% pa calculated on current buy price equals about 7%.
No wonder the price has increased from late $70's to over $84.00.
Compared with the Term Deposits offered by the major banks in Australia of 2.5% - 3.0% this is a steal!
There is always the possibility of Nufarm buying pack the security at the issue price or Nufarm is taken over by the major shareholder and the NFNG is part of the takeover offer.
nfng, page-33
Add NUF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.95 |
Change
-0.030(0.75%) |
Mkt cap ! $1.510B | |||
| Open | High | Low | Value | Volume |
| $3.96 | $4.00 | $3.92 | $7.129M | 1.805M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1266 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 1263 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |