AAE
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0.00% 0.8¢ agri energy limited

explanation of share price

  1. hawleybeach
    752 Posts.
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    18/09/07
    14:18
    Post #: 2815338
    Can anyone please give me an explanation of what has happened to the shareprice for this company.

    AAE are due to commission their Beatrice Biodiesel Plant this month. According to an interview given by CEO Peter Anterton last month, they are expecting to be able to make $US0.50 - $US0.60 a gallon on this plant.

    There have been no announcements to indicate otherwise. Even the new share placement only dilutes the share value by about 5%.

    So what is going on ???
    AAE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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