Hi Oly,
Are you following the "train-wreck" that is Aust Renewable Fuels ( ARW ) ??? Tallow prices making bio-fuel un-economic to produce in Australia .... even at US$90/bbl oil ..... faarrrrccckkkk !!! . Are you invested in the food industry at all. BY far my single biggest investment ( 10X PGM by value ) is in a company which owns 8 dairy farms in NZ and is currently building a $80m Whole Milk Powder factory ... the price of milk powders is up about 150% inside the last 12 months in USD. The commodity boom you talk about has certainly spread its tenticles far and wide. The value of good quality , large economic ( from 800-2000 cows ) dairy farms in NZ is up about 30% so far in 2007. With gearing of 35% equity , 65% debt the unrealised capital gains ( Tax free in NZ ) are spectacular. A $6.40 / kgMS payout compared to $4.53 / kgMS last year shows to extent to which farm gate returns have ratcheted higher as well ... a trend I can only see increasing.
- Forums
- ASX - By Stock
- PGM
- q for oly
q for oly
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PGM (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.9¢ |
Change
-0.003(13.6%) |
Mkt cap ! $11.84M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 1.9¢ | $27.96K | 1.395M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 452354 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 726822 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 452354 | 0.019 |
3 | 525600 | 0.018 |
2 | 176465 | 0.017 |
1 | 250000 | 0.016 |
1 | 400000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 726822 | 3 |
0.023 | 702783 | 4 |
0.024 | 677486 | 2 |
0.026 | 55555 | 1 |
0.027 | 283963 | 1 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
PGM (ASX) Chart |