Maybe. At least there is a plan in place. Agree it would be disastrous and I feel that even though it hasn't been mentioned much in the ELD discussions on HC it's getting plenty of air play in the media which is probably a big reason for the recent price drop.
I would hesitate to say FMD is priced in but I think it's definitely taken a lot of shine off expectations (ELD earnings guidance) for one helluva good FY result coming up; all else being equal.
Good article in ABC news this weekend looking at the plans in place and a couple of scenarios that could play out if FMD does get in...
A foot-and-mouth disease vaccine is in use overseas, so why isn't Australia using it to protect our livestock?https://www.abc.net.au/news/2022-07-17/why-isnt-australia-vaccinating-against-foot-and-mouth-disease/101220094
Ann: Change of Director's Interest Notice, page-24
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Last
$9.50 |
Change
0.085(0.90%) |
Mkt cap ! $1.507B | |||
| Open | High | Low | Value | Volume |
| $9.45 | $9.60 | $9.45 | $2.142M | 225.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1486 | $9.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.50 | 1729 | 16 |
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| Last trade - 12.16pm 13/09/2024 (20 minute delay) ? |
| ELD (ASX) Chart |