FRM 4.00% 12.0¢ farm pride foods limited

why did FRM peak at $2.59 in July 2016?, page-8

  1. 3,610 Posts.
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    This caught my eye because I feel like a successful trophy hunter whenever I can purchase eggs at the supermarket.

    This went up 13% today on trades of about $600.

    The last few announcements are about 'going concern' and survival. The refinancing is important and buys them time.

    Poultry numbers appear to be down- is that an opportunity?

    The industry appears to have structural headwinds- we demand stricter animal treatment and we certainly do not want an egg farm near our outer suburban subdivision- even if the egg farm was there decades before we came along.

    I wish holders well but not for my risk appetite.

    IMHO DYOR
 
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