NUF 0.51% $3.97 nufarm limited

Also, I have to say I would be surprised to see a PE fund...

  1. 109 Posts.
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    Also, I have to say I would be surprised to see a PE fund landing an offer when the financial results are due out in September. Earnings are skewed towards H2 and the extent of the supply chain / working capital / Debt issues will be known then. Submitting an offer now would be buying blind.

    If performance is worse than expected, they can pull out and never return as I wouldn't see shareholders taking a downward revision to the bid lightly, but if performance is better they will have to up their offer to gain approval. Wait and see is the best strategy I think for any interested buyer.
    Last edited by Goodsy007: 03/07/19
 
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