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WEll, it looks like NAM will join the long list of Aus companies taken out by overseas interests.From ABC NewsThe SP had been in decline since late 2022 when the first rumours of a an end to the cheap water as the La Nina was coming to an end to be replaced by drier times of El Nino.The stock shot up when first news of the offer came in, but it still sits below the recent ATH.The suitor already owns three other ginning plants in NSW and Queensland.Mick
WEll, it looks like NAM will join the long list of Aus companies taken out by overseas interests.
From ABC News
The SP had been in decline since late 2022 when the first rumours of a an end to the cheap water as the La Nina was coming to an end to be replaced by drier times of El Nino.
The stock shot up when first news of the offer came in, but it still sits below the recent ATH.
The suitor already owns three other ginning plants in NSW and Queensland.
Mick
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