Hi Keith,
I'm a hold for similar reasons. We know the recent FY24 trading update wasn't pretty but I also noticed the drop in shorts and think the outlook is improved.
I'm particularly interested in the possibility of a slow burn increase in the volume and pricing in cattle markets due to reduction in US cattle herds.
We also need some normalisation in the pricing of crop inputs for the retail side of things to fire.
As always, the market will do what it does.
GLTAH
Ann: HY24 Results Announcement and Conference Calls, page-3
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Last
$8.47 |
Change
-0.070(0.82%) |
Mkt cap ! $1.346B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.66 | $8.45 | $461.7K | 54.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 67 | $8.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.48 | 1672 | 17 |
View Market Depth
| Last trade - 12.00pm 04/11/2024 (20 minute delay) ? |
| ELD (ASX) Chart |