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Thanks Mike, so basic Calc.12k HA * 11 bales per Ha = 132k...

  1. Emu24
    338 Posts.
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    25/10/10
    13:59
    Post #: 7379616
    Thanks Mike, so basic Calc.
    12k HA * 11 bales per Ha = 132k bales
    GM $340 per bale = $44.8m Gross margin, just for the Cotton? Vs Mkt Cap of $220m?

    do you concur?
    PAG Price at posting: $1.35 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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