Numbers are out of date because they were not provided in the two latest AGM presentations. I do wonder why.
FRM's revenues have been fairly flat, as have been their indirect costs. Their earnings have been increasing, more recently, because their sales costs have dropped (after excluding bird additions, which have also been fairly constant). I am not 100% sure why, but I suspect their bird feed has been cheaper. Can this be specific to FRM?
FRM Price at posting:
$1.55 Sentiment: None Disclosure: Not Held
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