Skip to Content

Category: ASX:MTS

ASX:MTS

Why are Metcash (MTS) shares in a trading halt?

Shares remained in a trading halt today after Metcash confirmed that it has entered into binding agreements to acquire Superior Food with for up to $412.3m, Bianco Construction Supplies (82.2m) and Alpine Truss ($64m) in a ~$560m deal.

Read More
ASX:MTS

Why did Metcash (MTS) shares rally today?

MTS +4.74%: Full-year results out this morning were solid, and marginally ahead of consensus expectations. Underlying profit of $307.5 million was up 2.6% YoY and above Bloomberg consensus of $299.5 million.

image description

Relevant suggested news and content from the site

image description
Overview
image description
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
image description
Thursday 17th April – ASX +24pts, CGF, BHP, STO
image description
Major Movers Today
image description
Ausbiz: Research Lead Shawn Hickman discussing Copper
image description
Thursday 17th April – Dow -699pts, SPI down -26pts
image description
Stocks This Week – Source Bloomberg
image description
Wednesday 16th April – ASX +20pts, BOQ, RIO, ZIP
image description
Sectors This Week – Source Bloomberg
image description
Wednesday 16th April – Dow -155pts, SPI down -3pts
Back to top