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1.49% 6.8¢ wellard limited

Yep. There's a global shortage of cattle (especially in Asia)...

  1. DDMHC
    290 Posts.
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    10/05/18
    10:09
    Post #: 33002293
    Yep. There's a global shortage of cattle (especially in Asia) and only Australia and South America are net exporters. Wellard is active in both regions. China is sucking up Australian imports through grey markets with other SE Asia countries. When the authorities crack down on it, some of the margin will move back to Australian suppliers.
    WLD Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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