NUF 0.52% $3.83 nufarm limited

Can anybody explain to a newbie, why the SP tanked after only...

  1. 573 Posts.
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    Can anybody explain to a newbie, why the SP tanked after only 80% of shareholders took up the Sumitomo offer? Is this not a show of support in the current environment, that shareholders want to stay in for the long hall, or more takeover opportunities? NUF are ripe for the picking at current prices some believe a strong buy.

    In the event there is a share split, what does that normally do for a share price?

    Many thanks
 
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