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$1.40 australian agricultural company limited.

You would think there is some expertise in the company. All...

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Nightmarez3k

6,097 Posts.

233

28/03/24

22:35

Post #: 73113516
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Originally posted by Gary Gardner: ↑

"Usual livestock business, prices crash when everyone is destocking, then surge when conditions improve and they are short of breeding stock. Have seen it happen many times."

It's one of the things that frustrated me with this mob, all they could talk about was rebuilding the herd during the boom price period when in fact they should should have been offloading the bottom end of the herd and started buying back quality cattle recently and pocketing the difference!

Anyhow we're nearer the bottom of the market now, was pleasantly surprised the NTA wasn't down further than it is. Even with ordinary business performance it is still a ridiculous gap between sp and NTA.

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You would think there is some expertise in the company. All getting paid megabucks to act like kids with no idea.

AAC Price at posting: $1.36 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.40		Change 0.010(0.72%)		Mkt cap ! $843.8M

Open	High	Low	Value	Volume
$1.39	$1.40	$1.37	$321.5K	232.5K

Buyers (Bids)

No.	Vol.	Price($)
1	5399	$1.40

Sellers (Offers)

Price($)	Vol.	No.
$1.40	39554	3

View Market Depth

No.	Vol.	Price($)
1	5399	1.395
2	10500	1.350
1	242	1.345
2	9685	1.340
2	16400	1.335

Price($)	Vol.	No.
1.400	39554	3
1.420	4045	2
1.425	1089	2
1.430	95000	2
1.440	43643	1

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last $1.40			Change 0.010 ( 1.46 %)
Open	High		Low	Volume
$1.38	$1.40		$1.37	27399
Last updated 15.59pm 16/05/2024 ?

AAC (ASX) Chart