Yes you are right.
There will be a shortage of stock as many will have to either breed up their herds or purchase new stock. This in theory will give good prices this year for whatever stock is available.
Having said that there are always sellers of cattle as people have to eat and that includes those that supply the cattle for sale.
chief executive steps down, page-16
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Last
$1.41 |
Change
-0.005(0.35%) |
Mkt cap ! $843.8M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.43 | $1.39 | $319.7K | 228.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 27601 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 23241 | 14 |
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| Last trade - 14.57pm 10/07/2024 (20 minute delay) ? |
| AAC (ASX) Chart |