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01:06
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Originally posted by Hopeful9:
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I purchased in July 2020 at $3.74 as only then did I have the funds to do so, but like many have traded in and out a small number of times since then with good results. In July, I thought it was undervalued and east coast Oz was due for a good season.
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Thanks, Hopeful9 for providing such great detail. You got in at a good time. I think morningstar had this as undervalued and had a prediction growth of up to $14 so still not too bad. Although I am not sure of their value model. I found the diversified operation within the agribusiness quite interesting. And their operation is not just confined to Australia, which is another positive. Yes, your and AaronS76's discussion on weather conditions is so valid, another element to consider apart from the usual economics. AaronS76's weather prediction sounds positive
(20min delay)