WLD 0.00% 4.7¢ wellard limited

why the Share price is crashing, page-39

  1. 23 Posts.
    There is an incorrect assumption in the previous post.

    Vroon are NOT a live export company; they are a shipping company which owns and charters live stock vessels in addition to other container vessels etc.

    They do not trade livestock.

    Many live export companies, actual trading companies, are actually doing it very tough at the moment. Fierce competition between export companies to hold market share comes at a cost. Increased cost of supply from Australia, driven by demand for a finite amount of livestock cannot be fully offset by increased end user pricing and combined with an increased cost of regulatory compliance and a bounce in the dollar is resulting in a bloodbath in respect of profitability for those exporters involved in the feeder and slaughter trade.
 
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