WCB
Click for more information
0.00% $9.01 warrnambool cheese & butter factory co.hold.ltd

So the Saputo bid for WCB has closed with Saputo only getting to...

  1. samgribbles
    159 Posts.
    clock Created with Sketch.
    14/02/14
    12:35
    Post #: 12936193
    So the Saputo bid for WCB has closed with Saputo only getting to 87%.

    There seems to be buyers there still at around $8.50.

    Why would anyone in their right mind still want to buy WCB shares at that price without any takeover bids coming???

    WCB are now trading on a P/E of 32, and a dividend yield of just 1.5%.

    Surely the share price should drop back down to around where it was before the bidding war? Around $4.50?
    WCB Price at posting: $8.75 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add WCB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.