AAC 0.37% $1.37 australian agricultural company limited.

buyers ready to pounce

  1. 12,853 Posts.
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    The algo and bot trading has prevented the share price from going forward

    However the momentum should start to swing north shortly

    An opportunity to purchase and a relatively cheap price is with us - due to

    new mad cow disease discovery in the USA

    increasing number of new countries banning imports of beef from the USA

    meat proccessing plant given the go ahead by the Northern Territory government

    50 basis point reduction in interest rates

    demand for live cattle

    net tangable asset backing of about $2.20




    Stay tuned
 
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