AAC 2.87% $1.36 australian agricultural company limited.

Yep...underwhelming perfomance as per usualWe were told that we...

  1. 878 Posts.
    lightbulb Created with Sketch. 55

    Yep...underwhelming perfomance as per usual

    We were told that we came through the drought with our breeding herd intact, but that
    doesnt seem to be the case as the drought is now being blamed for the lower meat sales
    two years out of the drought

    Feed everywhere, record cattle prices, huge demand for protien worldwide

    Everything in our favour yet we can only make an abysmal 3.5% ROCE.

    yeah its better than the 1 to 2% that we have been making, but come on dont pat yourselves
    on the back, maybe those team building events, where everyone in their likely $100 green shirts
    (that I am sure we would have paid for) get a pat on the back and a nice wagyu steak...maybe
    those events should be put aside as a celebration for when the owners of the company actually
    gets paid a dividend...talk about droughts...the dividend drought here is a doozie


    cheers grant

 
watchlist Created with Sketch. Add AAC (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
-0.040(2.87%)
Mkt cap ! $816.7M
Open High Low Value Volume
$1.39 $1.39 $1.35 $107.8K 79.40K

Buyers (Bids)

No. Vol. Price($)
1 14789 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 106533 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.36
  Change
-0.040 ( 0.04 %)
Open High Low Volume
$1.36 $1.37 $1.35 6353
Last updated 15.59pm 03/05/2024 ?
AAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.