I think its fantastic somebody has taken the iniative to float a company like this.Having been involved in the dairy industry for 35 years I would like to put a little perspective on the industry.
I drought everybody loses a fortune most farmers still paying back debts.
This years price is ok but will it hold?Most famers will tell you current price is not enough.World milk powder prices are down 40%.
Lots of talk about the Asia market,been talked about for years.There is no doubt its growing and every country in the world is there.There are hundreds of factories around the world being constructed as we speak to cash in on the Asia baby formula market a bubble about to happen.
This company has excellent shareholders so far.Running these large dairy farms at a profit is an extremely complicated business that requires very specialist skills.So going forward this company could go down if not managed and there is a long list that have failed.
I have bought a small holding as investor interest will send shares up.But its the bottom line in the next 3 years that will matter.
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I think its fantastic somebody has taken the iniative to float a...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $14.22M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $1.98K | 92.09K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 427472 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.2¢ | 475162 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 427472 | 0.021 |
5 | 913999 | 0.020 |
2 | 277000 | 0.019 |
1 | 588294 | 0.017 |
5 | 1009868 | 0.016 |
Price($) | Vol. | No. |
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0.022 | 475162 | 1 |
0.023 | 93713 | 1 |
0.024 | 600000 | 1 |
0.025 | 904487 | 5 |
0.026 | 426763 | 3 |
Last trade - 14.29pm 09/07/2024 (20 minute delay) ? |
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