AAE agri energy limited

Hi Danny,I think that the operative phrase in the last...

  1. 56 Posts.
    Hi Danny,
    I think that the operative phrase in the last announcement was "The value to shareholders cannot be recognised by the company". Ie, in the last 3 months this illustrious management team has consumed the last 2c of value and the shares are actually worthless.

    Sad to say it, even sadder to say that I averaged down thereby doubling my losses.

    How can you not make money producing fuel, with subsidy, competing with oil at $130/barrel. This is insane - what happened to the hedged soybean oil that I bought in on?

    Cheers,
 
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