BREAKFAST DEALS: GrainCorp appraisal

GrainCorp’s highly unlikely to see another bidder, while iSelect’s float dampens hopes for the IPO industry.

GrainCorp’s independent expert is professionally compelled to briefly entertain the possibility of a rival offer to ADM’s bid emerging. But it probably ain’t gonna happen. Meanwhile, iSelect’s float has flopped in a big bad way, which has many wondering what the peripheral damage is to the IPO industry. Elsewhere, there are happier times for fellow online player, Commonwealth Bank is getting more property attention and Rio Tinto can’t flog a diamond.

GrainCorp, Archer Daniels Midland

GrainCorp shares could be worth more than the $13.20 that Archer Daniels Midland has offered and a rival bidder could emerge with the will to pay for it.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles