Nufarm CEO just slashed company value 50% - here's what traders need to know
Key Points
- Morningstar slashed Nufarm's fair value to $4 per share, ref...
Morningstar just delivered what traders call a "reality check" by chopping Nufarm's fair value nearly in half to $4 per share. That's the kind of math that makes investors reach for their calculators twice, wondering if someone accidentally hit the wrong button.
When Omega-3 Dreams Meet Fishy Economics
Remember when Nufarm's omega-3 canola was supposed to be the next big thing? Well, turns out low fish oil prices had other plans. The seed technologies segment that was once valued at $1.6 billion got a haircut down to $820 million - or $1.55 per share. That's not just a trim; that's going...
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