But if it would be true I'd say as a shareholder that this is either good or bad. Good, if they manage to buy UDC for a sensible price, but bad if they get too excited and join a bidding war ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Well that would be timely. Just bought a whole heap this morning at the open...although I didn't see that news report, its good good prospects right now, so happy to add to my holding.
I added recently too. When the lead cat and dog agree what could possibly go wrong lol
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
The big picture message from all of the above is that however one looks at the data there will now be a considerable proportion of dairy farmers who now have minimal equity in their farming business.
Last edited by winner69; 29-01-2020 at 07:56 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
It would not be chump change like the Napier Port issue.
Institutions ( who make up the largest share of new money ) and Shareholders will be digging deep.
However as percy said. " Would makes good sense ".
If Jeff says UDC will be great for Heartland ....and even if he asks me to put 20% more cash in .....and he says it will be eps accretive ...i’ll be a starter
”When investors are euphoric, they are incapable of recognising euphoria itself “
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