Namoi Cotton Limited (ASX: NAM)

Australia flag Australia · Delayed Price · Currency is AUD
0.770
0.00 (0.00%)
Oct 11, 2024, 3:47 PM AEST
126.47%
Market Cap 159.51M
Revenue (ttm) 121.07M
Net Income (ttm) 6.90M
Shares Out 207.15M
EPS (ttm) 0.03
PE Ratio 23.33
Forward PE 33.48
Dividend 0.02 (2.60%)
Ex-Dividend Date Apr 23, 2024
Volume 268,549
Open 0.770
Previous Close 0.770
Day's Range 0.770 - 0.775
52-Week Range 0.345 - 0.775
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, China, Japan, South Korea, and Thailand. It operates a network of cotton gins in New South Wales and southern Queensland. The company is also involved in the purchase and sale of lint cotton from growers. In addition, it provides warehousing and logistics services; cottonseeds and moss/mote; and cotton classing services. The company was formerly known as Namoi Cotton Co-operative Ltd and changed its name to Namoi C... [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...

11 days 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. .

14 days 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...

4 weeks 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.

4 weeks 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...

5 weeks 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.

6 weeks ago - The Australian Financial Review