Yeah, a bit of growth initiative wouldn't be too bad, as long as it made strategic sense for where we are in the cycle. It's going to take some years for the US cattle industry to recover, so it should be a good little period for AACo.
Just as long as we don't end up with another unused Darwin abattoir!
Just the recovery of cattle prices at the end of March should get the NAV back to $2.59 and wipe out the previous -$175m profit adjustment in the half-yearly. Will make for a pretty good headline number at least.
Good news for AAC, page-145
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Last
$1.38 |
Change
0.000(0.00%) |
Mkt cap ! $831.8M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.37 | $192.0K | 138.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 500 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |