Seems like a big problem given some of the mentioned issues are not one-off i.e.
- currency (AUD/USD did rise but not that much, plus they should have been mostly hedged .... so I don't accept this reason)
- higher orchard lease costs (this is a permanent cost, so problemantic)
- higher energy prices (permanent problem)
- increased harvest costs (not sure what this is?)
- one off costs with Jubilee Orchards (OK this is fair, how much could this be though? Say $3-4m as a guess?)
The remainder would have to be the weaker quality product but these guys should still be profitable at A$7.40-7.50/kg pool price given it is suppose to be the 2nd largest crop in the company's history?
Seems like a big problem given some of the mentioned issues are...
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Last
$3.95 |
Change
0.410(11.6%) |
Mkt cap ! $478.1M | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.96 | $3.65 | $1.359M | 352.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 876 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 1147 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |