If things were that easy to assess I think you would not have put your money in on the IPO. Look how much has changed since this time last year. It's not that simple. A bit like predicting the AUD or the price of oil. How many cattle Wellard ship is a lot to do with many factors such as demand and who else is shipping and to where. That report doesn't tell you any of that.
Wellard discussion, page-55
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