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5.0¢ rlf agtech ltd

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Twodogs196

833 Posts.

349

07/01/23

15:59

Post #: 65577788
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Originally posted by Twodogs196: ↑

yes MW... its a NY all quiet... although I've picked up a bunch more at these low prices... lol..

so margins.. will be interesting this 4C.. and going forward I'd stick my neck out and say before too long they could jack up product prices as for rice if you remember there was a $423 return for each $1 spent on new seed primer... if thats the case and we can only assume the Co has rigorously done their numbers.. they could double sale price and farmer could still make over $200 for each $1 of purchase.. still a world biggest no brainer beyond words if you ask me ... otherwise ... do we get a 57% increase on Qtr 2 cash in compared to last year ..?? ( same as Qtr 1 increase just gone )

no idea what the Co's plans are but once established.. margin being maintained and then expansion (price increase ) on face value would seem to not be a problem... premium products always command a premium price once getting traction in markets..

otherwise ... any and all updates on all the other projects etc Co has underway with corp trials and new Asian market access, carbon etc .. trend is 4C out on last day of the month.. will there be any update on anything before then .. eagerly awaiting ...

cheers...

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and a PS after that post.. sorry.. rice return to farmer was only $300 per $1 spent.. its was maize that hade the $400 plus return ... ( my bad .. ) and still... with a 100% price increase still would give a $150 per $1 spent return to farmer.. how shocking lol...

cheers..

RLF Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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