WLD 9.68% 6.8¢ wellard limited

No one has more knowledge of cattle market than the...

  1. 157 Posts.
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    No one has more knowledge of cattle market than the producer/supplier.

    If cattle price drops, they will gain from the investment and secure their selling channel with WLD.
    If the cattle price stays longer, they believe WLD sp is too low to drop further, and they will also have their sales channel secured with WLD. which tells us WLD has been treating the supplier good and supplier is not worrying about their sustainability at the moment.
 
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