AAC 3.99% $1.44 australian agricultural company limited.

6.5million hectares at a low ball price per h of $200 =...

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    6.5million hectares at a low ball price per h of $200 = $1,300,000,000

    circa 400,000 head of cattle at average $750 per head over 100kg= $300,000,000

    just these 2 assets are worth…….$1,600,000,00….

    that is twice the M/C of AAC

    Debt of circa $400,000,000

    Other assets circa $900,000,000


    $1.36 Does not seem to be fair value ……????
 
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