NAM 0.00% 77.3¢ namoi cotton limited

michinyon,the drop is due to guidance downgrade for next year...

  1. buk
    45 Posts.
    michinyon,

    the drop is due to guidance downgrade for next year and no divi. Also drought conditions. Market buyback, i think are coming close to there limit, so also factor for drop. i still think it could be on radar for takeover, as last year directors rejected offer for 70c from qch
 
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