AAE agri energy limited

Extremely encouraging to see soy prices plummeting while oil...

  1. 601 Posts.
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    Extremely encouraging to see soy prices plummeting while oil holds up nicely.

    Contrary to my previous posts, i actually feel quite bullish about AAE's prospects of offloading beatrice at a good price. If they can get the hungarian facility on the way, there could be a decent future ahead as an agriculturally based organisation rather than a biodiesel producer.

    Also encouraged by the debt levels in the last announcement, personally i thought there was more.

    AAE might be worth its while afterall, providing wet commissioning doesn't uncover any major problems.

    I reckon a decent punt at 2.7c

 
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