Billionaire Gina Rinehart loves big and AAC has more cattle than any other pastoral company in Oz. Will we see a bid? Plus AAC landholdings far more diversified than Kidman which is mainly channel country. Plus AAC has feedlots. Plus AAC has own abattoir and sells cuts into Korea, China, Singapore along with strong (i.e. expensive) Oz mkt. . Plus AAC has live export into Asia. Plus AAC had plenty recent rain.
But most of all (for me) company can sell tens of thousands of weaners into the live Aussie mkt for an eye watering $4/kg on the hoof!! That's twice the price from 18 months ago!
Kidman empire gone... AAC next?
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Last
$1.44 |
Change
0.020(1.41%) |
Mkt cap ! $867.9M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.47 | $1.42 | $343.3K | 237.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 309 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 17200 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| AAC (ASX) Chart |