farmers, page-11

Hi Sammyjh,

You said you think TAN 'turned people away' - I presume you mean people wanting to buy the land or whole company? It's interesting you say that. I think probably the best way for shareholders to make money from the high cotton price is to find a fee-earning institution (soft commodities fund etc) to buy the land or whole company at a fancy price. I'm sure there are interested bidders in this environment.
On the other hand, I think the key risk is that TAN management get swept up in the excitement themselves (again), and buy more assets now. Unfortunately, on balance, I'd guess we're as likely to see the latter as the former. Your comment might be further confirmation. Maybe GPG will help heads prevail, but they've got their own isssues to deal with.
Best of luck.