Yes there tends to be trends in rotating between crops etc dependent upon market conditions.
Sugar cane, bananas now macadamias.
There was a massive shift from dairy to meat production after the Russian spat re milk & prices collapsed.
I'm sure not all the macadamia plantations will be a success & there will inevitably be another rotation in the future.
With regard to RFF they have a lot of knowledge in setting up nut plantations all be it Almonds so I am confident the macadamia assets will be a success.
I would however like to see more diversification away from cattle & macadamias in any future aquisitions.
Ann: HY21 Financial results presentation, page-12
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Last
$2.09 |
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Mkt cap ! $811.4M | |||
| Open | High | Low | Value | Volume |
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