rob43, maybe Sinochem actually plans for the next 10 years instead of letting all their corporate affairs become a day trading exercise. Who cares whether they buy at $13 or $11? In the big picture they are getting a good price near the bottom of the commodity cycle.
If they play too tough and the cycle turns, they will never buy the company under $16.
Too many people in this forum think two months ahead and don't understand any concept of long term value. Sinochem isn't buying Nufarm to make a trading profit in three months on a stock holding for God's sake!!
rob43, maybe Sinochem actually plans for the next 10 years...
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Last
$4.41 |
Change
0.020(0.46%) |
Mkt cap ! $1.685B | |||
| Open | High | Low | Value | Volume |
| $4.39 | $4.45 | $4.35 | $2.803M | 636.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11428 | $4.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.44 | 8718 | 4 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |