A quick movement from here., page-10

First 10 Last

Share
Profile

Follow
xrebmem

11 Posts.

31/03/21

21:38

Post #: 52187743
Share

Originally posted by Dionm: ↑

Where do you get your word on the street from mate? Keysborough is not a warehouse, how can you store eggs? Keysborough is a processing and grading plant where they make the value added products.

JP Morgan just bought a 5% stake in the company.

If you read the annual report, over 65% of their costs are raw materials of which 50% of this is feed.
Wheat crop last season was the biggest on record. Recent rains mean this seasons crop, planting next month will be a bumper crop too. This means the wheat price will tank soon as there is a ton of last seasons grain still being held and there will be nowhere to put the new crop. The $A is predicted to hit over $US .80 which means next seasons wheat will be harder to sell overseas. Again, pressure on prices at home. Not withstanding any unforeseen issues like Avian flu, profits will soar as costs come down.

So no, not desperate investors with lots of money.

Expand

Warehouse a wrong terminology, but the same place. Is it for sale?
Been advised this afternoon, that newer Nathalia free range farm is also for sale?
Lethbridge has 2/3 of the site shut down permanently for egg production after bid flu.
As I understand they already lease most of the other farms.
If correct, there will be no assets left?

Market conditions have been improving and for competitors as well.

FRM Price at posting: 35.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PL3

Patagonia looks to raise $2.15M for South American exploration and development

SPR

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

MSB

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

OCC

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

SRL

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

There are more pages in this discussion • 6 more messages in this thread...

First 10 Last

Add FRM (ASX) to my watchlist

(20min delay)
Last 9.8¢		Change 0.003(3.16%)		Mkt cap ! $14.09M

Open	High	Low	Value	Volume
9.0¢	9.8¢	9.0¢	$8.862K	97.41K

Buyers (Bids)

No.	Vol.	Price($)
4	222720	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	39743	4

View Market Depth

No.	Vol.	Price($)
4	222720	0.090
2	16287	0.088
1	44791	0.066
1	50000	0.065
1	36000	0.060

Price($)	Vol.	No.
0.098	39743	4
0.125	12000	1
0.000	0	0
0.000	0	0
0.000	0	0

Last trade - 15.32pm 09/07/2024 (20 minute delay)

FRM (ASX) Chart

A quick movement from here., page-10

Patagonia looks to raise $2.15M for South American exploration and development

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

A quick movement from here., page-10

Top Stories

Patagonia looks to raise $2.15M for South American exploration and development

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News