AAE 0.00% 0.8¢ agri energy limited

getting pushed down, page-6

  1. 752 Posts.
    Pixie,

    Well I'm also holding at the moment. I'll wait for another month*, and if the price is still low I might buy a few more before production starts at the Beatrice Facility.

    And if you think what the production represents at 55 million gallons per year ... it is equivalent to close to $1 per share in sales and 30c per share in subsidies alone in the US (Currently they get $1 per gallon of Biodiesel), so 10 cents a share at the moment certainly sounds cheap.


    *I'm trying to learn an important lesson in NOT buying more shares in a falling market ... but a announcement re production can only be positive
 
watchlist Created with Sketch. Add AAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.