Walnut Yield is a reassuring bounce back to expectations. Walnut prices aren't that flash this year though.
250 of the increased acreage would be the Motsup purchase.
Cotton - pretty average, but that's agriculture.
All in all seems O.K at this stage.
I suspect the capital program outlined at half year might mean a capital raise with full year results. Directors and close associates control this company and will most likely put in their share - Price at raising is going to be where they want it to be. A fair bit of vending in property and reshaping this company have been around $1.15. so a rights issue somewhere around that mark wouldn't surprise me a great deal.
WBA Price at posting:
$1.30 Sentiment: None Disclosure: Held
