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GNC, GRAINCORP LIMITED
wolverine
post Posted: Nov 29 2013, 09:28 PM
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In Reply To: mrbear's post @ Nov 29 2013, 01:25 PM

It's annoying and expensive but shite happens. Got a few divs which is cold comfort but it goes to show that nationalistic hysteria is alive and well.

Intrigued at how much pressure the National Party has put on Hockey an what the quid pro quo will be.



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TOO MANY CHIEFS

NOT ENOUGH INDIANS

Said 'Thanks' for this post: early birds  
 
mrbear
post Posted: Nov 29 2013, 01:25 PM
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In Reply To: wolverine's post @ Nov 29 2013, 07:56 AM

Ouch though it looked like hockey was going to veto it the other week.

Have an extra drink tonight wolver though many will be drowning their sorrows,cheers mrbear

 
wolverine
post Posted: Nov 29 2013, 07:56 AM
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It turns out we aren't actually open for business.



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TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
wolverine
post Posted: Jun 3 2013, 09:51 PM
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Bought a few at $12.61



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TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
 
farmer fred
post Posted: Oct 22 2012, 02:07 PM
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In Reply To: mullokintyre's post @ Oct 22 2012, 01:44 PM

No set figure, but am inclined to wait a little while to see if any other offers emerge, or if Graincorp can negotiate a better price.

Have a parcel I only picked up recently when the price dropped with the capital raising, plus the rights shares, which I'm thinking pretty hard about letting go at this price. At this point my greed outweighs my fear.

 


mullokintyre
post Posted: Oct 22 2012, 01:44 PM
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In Reply To: farmer fred's post @ Oct 20 2012, 08:55 AM

go for it FF. In discussions with my broker, we decided that a 30% profit in two months is pretty good, so took 12.50 for the lot.
Now that the gloves are off, it may take a year or so before things sort themselves out and I am still nervous about the market.
A lot can happen in a year.
Do you have figure that would cause you to take the money and run??

Mick



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farmer fred
post Posted: Oct 20 2012, 08:55 AM
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In Reply To: mullokintyre's post @ Oct 19 2012, 02:29 PM

Looks like GNC might be interested at offers over $14.

"But Graincorp chairman Don Taylor said ADM would need to substantially up the ante if the target was to entertain a formal offer, saying $14 a share would be the starting point for discussions."

Full article
http://www.theaustralian.com.au/business/m...j-1226499618224

 
mullokintyre
post Posted: Oct 19 2012, 02:29 PM
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In Reply To: farmer fred's post @ Oct 19 2012, 10:21 AM

need at least 13 before I even consider it!

Mick



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farmer fred
post Posted: Oct 19 2012, 10:21 AM
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In Reply To: mullokintyre's post @ Aug 2 2012, 12:37 PM

Looks like another ag company getting taken over. Archer Daniel Midlands, a $20 billion US company making a bid.They bought a large parcel at $11.75, hopefully we'll get more of a premium than that.

 
 


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