and so now the issue of chicken feed prices has been reflected in the half year results.
Chicken feed prices will remain under pressure whilst the AU$ is low as imported substitution prices are higher.
Not a very good half year report.
I took profits today and ran.
Happy to watch this stock from the sidelines, especially with global markets so expensive and ripe for a decent pull back.
Also heard that a number of mid tier chicken suppliers are having cash flow problems from their clients not paying their invoices on time.
ING achieves record 5 year low SP, page-27
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Last
$3.00 |
Change
-0.030(0.99%) |
Mkt cap ! $1.115B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.07 | $3.00 | $10.61M | 3.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 110923 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| ING (ASX) Chart |