aac as an investment porspect

TheWord is looking into AAC (Australian Agricultural Company) as an investment prospect.



I bought in at 80 cents and later at 66 cents
- the two 'dips' below its float price of $1 in
the chart /|\ so I'm pretty comfy with the
annual dividend - especially as I took some
capital profits a while back that mean
my remaining AAC capital (2/3 of my original
stake) equals 32 cents per share.

A 7 cent dividend for every 32 cents invested
(plus cpaital gains and the occasional special
dividend) is a very good deal for me.

But how the numbers crunch at $2.81 is
an unknown quantity to me.

But somebody was paying $2.81 today
so somebody must be crunching
numbers and giving buy orders.

Maybe it has something to do with the
enormous land-holdings that AAC has
that stretch from the 'top end' of the
Northern Terrority to the south-east
corner of Queensland where AAC's
feedlot and grain operations
are located:



But which ever way the cats jumps
all investors have to crunch their
own numbers and rely on their
own investment/sale priorities.

When all else fails...



... try group therapy.