Crazy sell off on back of Montasanto result....this is now looking extremely cheap even based on the revised earnings scenario. Interesting that Montasanto share price jumped heaps on the earnings release given the quarter beat market expectations but the analyst briefings later must have focused on Roundup and that saw a sell off.
As usual market always overreacts to short term concerns and provides excellent opportunities for people looking at the medium/longer term.
If M&A activity is going to happen in the sector it will happen now!
Crazy sell off on back of Montasanto result....this is now...
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Last
$3.92 |
Change
-0.070(1.75%) |
Mkt cap ! $1.500B | |||
| Open | High | Low | Value | Volume |
| $4.01 | $4.03 | $3.89 | $2.758M | 700.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6857 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 13413 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NUF (ASX) Chart |