Namoi Cotton Limited (ASX: NAM)

Australia flag Australia · Delayed Price · Currency is AUD
0.772
+0.002 (0.26%)
Inactive · Last trade price on Oct 22, 2024
123.77%
Market Cap 160.02M
Revenue (ttm) 121.07M
Net Income (ttm) 6.90M
Shares Out 207.15M
EPS (ttm) 0.03
PE Ratio 23.41
Forward PE n/a
Dividend 0.02 (2.59%)
Ex-Dividend Date n/a
Volume 6,757
Open 0.775
Previous Close 0.770
Day's Range 0.772 - 0.775
52-Week Range 0.345 - 0.780
Beta 0.50
Analysts n/a
Price Target n/a
Earnings Date Oct 20, 2024

About Namoi Cotton

Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and supply chain and marketing of cotton in Australia and Asia. The company operates network of 9 cotton gins in New South Wales and Queensland. It is also involved in the purchase of lint cotton from growers through various forward contracts; and trading and marketing of cottonseeds. In addition, the company provides cotton classing services to the cotton industry. Further, it engages in the sale and logistics of plastic waste from ginning activities. The company was ... [Read more]

Industry Farm Products
Founded 1962
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol NAM
Full Company Profile

Financial Performance

In 2023, Namoi Cotton's revenue was 121.07 million, a decrease of -9.65% compared to the previous year's 134.00 million. Earnings were 6.90 million, an increase of 74.11%.

Financial Statements

News

Dreyfus Buys Nearly Half of Cotton Firm, Nearing Takeover

Louis Dreyfus Co. raised its offer for Namoi Cotton Ltd. after acquiring nearly half of the Australian company’s shares, outbidding Olam Agri Holdings Ltd., which is still waiting for regulatory appro...

2 months ago - BNN Bloomberg

Competition watchdog dissects Namoi takeover

Undertakings provided by Singapore’s Olam may be insufficient to approve a takeover of Namoi Cotton, the Australian Competition and Consumer Commission says. .

3 months ago - The Australian Financial Review

Olam Raises Namoi Cotton Bid After Board Favors Louis Dreyfus

Olam Agri Holdings Ltd. has increased its takeover bid for Namoi Cotton Ltd. just two days after independent directors at the Australian cotton producer recommended a rival offer from Louis Dreyfus Co...

3 months ago - BNN Bloomberg

Namoi Cotton Directors Unanimously Recommend Louis Dreyfus’ Bid

Namoi Cotton Ltd.’s independent directors have unanimously recommended that shareholders accept Louis Dreyfus Co.’s takeover offer and reject a proposal from Olam Agri Holdings Ltd.

3 months ago - BNN Bloomberg

Louis Dreyfus Gets FIRB Approval for Namoi Cotton Takeover Bid

Louis Dreyfus says it has approval from Australia’s Foreign Investment Review Board for its proposed takeover of Namoi Cotton after the crop trader agreed to measures that would allay competition conc...

3 months ago - BNN Bloomberg

Olam bid for Namoi Cotton doomed, says former competition boss

Former Australian Competition and Consumer Commission chairman Allan Fels sees no way Olam can get approval for a takeover of Namoi Cotton.

4 months ago - The Australian Financial Review