Not long now until we will find out the result of Dry Creek (31 May per past announcement):
A. Either transaction continues as originally planned. If this is the case, then there is no reason why SP won't return to 1.50-60 heights, (remember Credit Suisse giving us a target price of $1.55) especially since it now follows deals signed in Thailand etc.
B. We gain $12m in non-refundable deposits (! - to put that in perspective, our 1HFY16 AgriProducts EBIT was $27.7m) and are free to sell our asset to another entity.
Exciting times either way for a growth stock as solid as an ox. GLTAH
Not long now until we will find out the result of Dry Creek (31...
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Last
$2.79 |
Change
0.020(0.72%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.84 | $2.78 | $877.4K | 312.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 1656 | 1 |
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| Last trade - 15.59pm 28/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
