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.
Also, I have to say I would be surprised to see a PE fund...
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Last
$4.60 |
Change
-0.060(1.29%) |
Mkt cap ! $1.758B | |||
| Open | High | Low | Value | Volume |
| $4.67 | $4.70 | $4.59 | $6.068M | 1.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17396 | $4.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.61 | 5748 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NUF (ASX) Chart |