I agree that the Ozy ag business will be slow, however Elders seem to have attracted considerable attention from investors.
RIC supplies to pig and poultry, which seem to be less affected, could be more expensive. I am not aware of large areas of cropping being lost to fires, however hit significantly by draught.
Input expenses will be higher and our markets down, for now.
I suspect other holders who are closer to the agriculture industry may have some insight as to what RIC may be up to, but not a very chatty bunch.
Yes a wait, in my opinion, a worthwhile wait.
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