AAC 1.00% $1.52 australian agricultural company limited.

Ann: FY24 Half Year Results Presentation, page-2

  1. 851 Posts.
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    Bit of a non-event. Could have been a lot worse. That 8% NTA loss has been more than factored into prices recently.

    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.

    Happy to hold, maybe buy on weakness. Wouldn't be holding out for a dividend any time soon though.
 
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