a few weeks ago yellowcake proposed a 'sub-prime crisis is forming in agriculture'(land). The term imediately resonated with me and i feel it is inevitable. Farmers are hocked to the hilt while grain prices and drought conditions(in NSW and Qld) deterioate. It is very likely produce a flood of farms onto the mkt. unless we get rain in these 2 states soon... the sub-prime situation will eventuate sooner rather than later. Those farmers with irrigation/water will buy out their neighbours for a song.
why i'm holding onto nufarm, page-4
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Last
$3.96 |
Change
-0.430(9.79%) |
Mkt cap ! $1.513B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $4.07 | $3.86 | $23.60M | 5.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 253 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 2288 | 1 |
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