I was also at the ASX event , and was impressed by Rob Gordon (as he should be for the in my opinion high salary )
after looking into the company in more detail personally I think the level they listed on the ASX was just too expensive , and potentially has further to fall . it was last traded on the NSX at 6.50 and in recent times has been trading below $6..
if we approach the below $6 levels I will be a buyer but with, as they clearly updated a tough year ahead with extreme low domestic rice production I don't think there is any rush
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ricegrowers limited
Ann: SunRice Presentation ASX CEO Connect Event, page-4
Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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