Dropbear, hope you are right as I truly believe no fundamentals have changed. I didn't sell myself when the price was $13.60, as my SP-target for June 2016 is $17 - which I still believe is achievable based on a lower AUD and more efficiency in harvest and processing.
Have spoken with some fund managers, who took profits around the $13-mark, as they play the El Nino thesis - more rain in California and less rain in Australia. Hopefully, they will soon start buying again as current price levels must appear attractive.
Dropbear, hope you are right as I truly believe no fundamentals...
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Last
$3.54 |
Change
0.040(1.14%) |
Mkt cap ! $486.0M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.56 | $3.42 | $1.346M | 383.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3849 | $3.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.54 | 2100 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SHV (ASX) Chart |