AAC 0.00% $1.43 australian agricultural company limited.

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  1. 1,418 Posts.
    Hey zwu,

    Sorry if I gave the wrong impression. It was the bloke who does commodities on Landline - the TV show on ABC about agriculture - who intimated that it was a done deal. From memory he said something like there was talk that Packer et al were buying the futuris stake, and followed up by saying that there will be more on this next week. Which makes me think that he feels there is something to it - as if all that is needed is the announcement.

    I think I did use words like, 'sort of' and 'more or less'.

    But there's plenty of smoke.

    AAC have been queeried by the ASX about their stock price movement and volume - knowing that futuris is selling its stake. But aac said it doesn't know why the price movement.

    Hope I didn't cause any confusion.
 
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