SHV 0.49% $4.07 select harvests limited

Good articles Surandy.I remember reading that they planned their...

  1. 290 Posts.
    Good articles Surandy.

    I remember reading that they planned their own processing plant eventually in WA.

    There was a funny number quoted in that article. "The operation located west of Carnamah on Clark Chatfield Rd has invested between $200-300 million in plant, equipment and almond trees, which have all been transplanted from the company's operations in north-west Victoria."

    200-300 million....how can that amount of CapX already have happened???? I note these funds have so far accrued no income but drag operating expenditure from Shv....but that's what building long term assets is about

    Here are a few numbers to make sense of....SHV's current market Capitalisation is 85 million and has debt of about 60 million

    SHV raised about $50 million through the rights issue a few years ago at round $3

    That number can't be real....if anyting close to that is real, what does that say about the value of Select?
 
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