What you city foke don't get is just because we get a bit of rain the drought instantly doesn't go away. Many farms have decreased stock levels due to no feed and limiting expenses. This will take time for grass/feed to grow and MONEY to restock which isn't going to happen over night. Bega's exposure to the drought certainly won't go away overnight because 100mm of rain falls. I feel the recent uptrend in SP will have more to do with the pending court case results than a little rain on the forecast
Shares Tank 7%...Just The Start?, page-33
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Last
$4.40 |
Change
-0.075(1.68%) |
Mkt cap ! $1.334B | |||
| Open | High | Low | Value | Volume |
| $4.48 | $4.48 | $4.37 | $952.1K | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3118 | $4.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.40 | 20439 | 23 |
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| Last trade - 14.02pm 18/07/2024 (20 minute delay) ? |
| BGA (ASX) Chart |