The contrarian thinker could also suggest Sinochem is still an interested buyer but at its price and if it can devalue its prey, well that would certainly be smarter before any offer was lobbed.
$100 million lost from Monsanto, exclusivity lost on BASF's Clearfield products, farms being idled in WA because of failure to attract finance for the upcoming crop (and that is with subsoil moisture reserves), grain prices correcting sharply. Uncertainty exists in this stock now.
The farm debt crisis could easily because a farm input supplier debt crisis. Remember these guys didn't get any price rises from this latest round of good grain prices. Fertilizer and herbicide prices basically did not move.
off a cliff, page-14
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Last
$4.39 |
Change
-0.230(4.98%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $4.51 | $4.52 | $4.39 | $4.145M | 935.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2343 | $4.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.41 | 894 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |