Surandy, Olam sold water and plantation rights to PSP in 2019. The almond plantations are leased. Olam continues to manage.
https://www.olamgroup.com/news/all-news/press-release/olam-orchards-australia-announces-sale-of-permanent-water-rights.html
A messy structure that invites conflict over water, land and operations. Expect relative underperformance.
Your concerns around SHV harvest quality are real, soon to be resolved.
Ash
Surandy, Olam sold water and plantation rights to PSP in 2019....
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Last
$3.98 |
Change
-0.120(2.93%) |
Mkt cap ! $481.8M | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.10 | $3.98 | $1.002M | 249.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1454 | $3.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 201 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SHV (ASX) Chart |