NAM 0.00% 65.0¢ namoi cotton limited

Does anybody watch this stock, page-6

  1. 231 Posts.
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    It's too late for this current crop to be planted as the window was to November 2019. It will potentially give some water for the next year crop planting but that isn't until August. Ginning Vols will be low this season so the impact will be big for the next fiscal year. With such a small crop it might be a year where the farmers push for better prices as the ginners chase volume to make them viable further eroding margins.

    As you will tell from earlier posts I am not a fan of this stock for lots of reasons but good luck to those that are in.
 
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