Rat's Rant: What's hot, what's not and... the Lehman Brothers
Archived
Sep 17, 2019
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15 min
Bellamy's closed up 55% to finish at $12.89c on $377m stock traded yesterday. The reason they were up on such small volume was because they received a takeover bid from a Chinese company called China Mengniu Dairy Company Limited for $12.65c cash plus a 60c fully franked special dividend.