from today's 'Business Spectator.'
"Nufarm’s purchase of two American sorghum companies for an undisclosed price yesterday has raised the ire of one fund manager who likened the move’s opacity to a wider trend where company managers are treating themselves as kings, directors as fawning courtiers and shareholders as peasants."
I cannot see institutions who paid $11.50 several weeks ago in a capital raising accepting less than 12.00 in any TO attempt. They are already furious with CEO and will vote against a proposal than is not profitable. hence, if TO goes ahead (imo a 70% probability) then minimum would be 12.30. DYOR always. If you believe in risk/reward theory then NUF is a BUY.
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Last
$3.97 |
Change
0.020(0.51%) |
Mkt cap ! $1.517B |
Open | High | Low | Value | Volume |
$3.97 | $4.05 | $3.95 | $4.034M | 1.009M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5317 | $3.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.97 | 2516 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5317 | 3.960 |
4 | 9907 | 3.950 |
3 | 16075 | 3.940 |
2 | 5040 | 3.930 |
2 | 3643 | 3.920 |
Price($) | Vol. | No. |
---|---|---|
3.970 | 2516 | 1 |
3.990 | 5317 | 1 |
4.000 | 8847 | 3 |
4.010 | 5317 | 1 |
4.020 | 1060 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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