CBO 1.99% $1.79 cobram estate olives limited

Ann: Australian Crop & Company Update, page-49

  1. 890 Posts.
    lightbulb Created with Sketch. 74
    The current plantings would reflect those trees commissioned 4 or 5 years ago when times were good. The issue will come in a few years when there's been no new trees commissioned now to plant then. It's the same for Morrocco where they've had 2 poor years in a row.

    Europe's other issue will be most of the groves are inefficiently planted. Many small operations and quite labour intensive. Compare that the the new state-of-the-art picking machine that Cobram just unveiled last year, with groves planned in advance to use that type of technology.

    The same thing kind-of happened to European Wine. It was the only real choice for so long, now it's been overtaken by the new world labels.


 
watchlist Created with Sketch. Add CBO (ASX) to my watchlist
(20min delay)
Last
$1.79
Change
0.035(1.99%)
Mkt cap ! $747.1M
Open High Low Value Volume
$1.75 $1.79 $1.73 $240.3K 135.7K

Buyers (Bids)

No. Vol. Price($)
1 20000 $1.69
 

Sellers (Offers)

Price($) Vol. No.
$1.80 3000 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CBO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.