MON results not terribly good at all at $233m loss for Q4 which was $60m worse than LY....massive impact from glyphosphate....marginally exceeded analyst expectations for Q4 but they had been lowered significantly so SP might rise a few % but it had dropped back from $80 to $75 in the past week or two. Sinochem won't pay $13 after they complete this further 5 weeks of due diligence, that heads of agreement document not worth much. My tip is $12-$12.50 if it does go ahead!
Unless it falls back to $11 or under I am staying away from it. It will be ages before this one gets sorted out....could put my money to work elsewhere for a few months.
why i'm holding onto nufarm, page-9
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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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