Previous close | 2.1030 |
Open | 2.1040 |
Bid | 2.1100 x 559600 |
Ask | 2.1730 x 543600 |
Day's range | 2.1040 - 2.1100 |
52-week range | 2.0830 - 2.7740 |
Volume | |
Avg. volume | 539 |
Market cap | 13.209B |
Beta (5Y monthly) | 0.49 |
PE ratio (TTM) | 9.17 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.12 (5.51%) |
Ex-dividend date | 29 Apr 2024 |
1y target est | N/A |
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Unions have temporarily suspended industrial action at mills run by Australia's largest sugar producer as negotiations over worker pay resume, the company and a union official said. Strikes over the last month have delayed and disrupted the start of operations at mills run by Wilmar Sugar and Renewables on Australia's hot and humid northeast coast. Wilmar told union delegates at a meeting on Thursday it was willing to improve its pay offer and the unions agreed to pause their industrial action, a spokesperson for the company said.
Australia's largest sugar producer temporarily halted operations on Wednesday at a mill that began processing cane two days ago, after unions agitating for better pay said workers would lay down tools, the company said. The mill in the Burdekin region is the only one of eight run in Australia by Wilmar Sugar and Renewables that has begun its cane crushing season, with the others due to begin operating by the end of next week. The start of processing at all eight mills was delayed by the pay dispute, which poses an increasing threat to Australian sugar production and exports as it could shorten the crushing season and cause cane to be left unharvested.