yellowcake hi
i like your focus on agriculture- i think you mentioned a while back you are a farmer. i agree with your route to agriculture investing on the ASX via fertiliser miners. and i must thank you for stopping me going too far with looking at futuris (they being moreso portfolio managers rather than a business with a strategy) and TFS (that the truth will come out eventually how growing sandalwood outside india is not as successful as it is being painted).
but i just bring myself to invest in a company with a historical PE of 180+ (AAC), when that company has been around so many years. i can understand some companies being that high, from when they move from lossmaking over to profitmaking the profit won't be a whole lot (eg CSS)- but AAC has been around for decades i believe.
surely the upside of higher meat prices is well and truly built into its sp, and then some (bubble?)
yellowcake hii like your focus on agriculture- i think you...
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Last
$1.45 |
Change
-0.045(3.02%) |
Mkt cap ! $870.9M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.48 | $1.45 | $51.22K | 34.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20002 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 28830 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AAC (ASX) Chart |