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5.77% 4.9¢ aguia resources limited

Ann: Executive Management Changes, page-8

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  1. MoneyGrinch
    326 Posts.
    lightbulb Created with Sketch. 29
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    15/01/16
    11:58
    Post #: 16802766
    Hi Tom Boy,

    I agree with some of your points however i was thinking that the recession may also work in favour of the stock?

    With the fall in the BRL wouldn't the expenditure dollars allocated for the project stretch further? Construction is due to begin in 2017. Also i don't think Brasil was going to be the only market they sold too. Maybe they can make a profit elsewhere until the BRL recovers and farmers start buying again?

    Cheers
    AGR Price at posting: 11.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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