What you city foke don't get is just because we get a bit of rain the drought instantly doesn't go away. Many farms have decreased stock levels due to no feed and limiting expenses. This will take time for grass/feed to grow and MONEY to restock which isn't going to happen over night. Bega's exposure to the drought certainly won't go away overnight because 100mm of rain falls. I feel the recent uptrend in SP will have more to do with the pending court case results than a little rain on the forecast
Shares Tank 7%...Just The Start?, page-33
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Last
$4.25 |
Change
-0.050(1.16%) |
Mkt cap ! $1.295B | |||
| Open | High | Low | Value | Volume |
| $4.33 | $4.36 | $4.25 | $3.822M | 893.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14078 | $4.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.27 | 891 | 1 |
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| BGA (ASX) Chart |