In case some of you forgot, WLD sits plum in the middle of a hot...

  1. 348 Posts.
    In case some of you forgot, WLD sits plum in the middle of a hot sector - FOOD!!

    It seems the last profit downgrade along with the fear of liquidation was the one downgrade which understandably had investors running for the exit!! however, given today's share action it's begging to look like rational thinking and greed is returning to replace fear and panic.

    Butt taking now a 12% has the market reassessing this stock, and in my opinion rightly so.

    I would say the chances of renegotiating the loans are 75% unlike an irrational market the banks might well take into account the situation and look longer term.

    WHG has indicated that it will pay the 15 mill.

    And just when you think the live cattle sector is looking bad, the heavy weights of the financial markets make their entrance, from mining gloom to dining boom as one author states.

    It's still high risk, so DYOR....

    "Mrs Rinehart is one of a handful of mining magnates that have shown increasing appetite for Australian agriculture assets amid a transition of the country's economy - the so-called "mining to dining boom".
    Australia has exported record amounts of beef to China over the past three years, while a deal to sell live cattle to the Asian market signed last year is expected to be lucrative."

    What's this mean for WLD and stocks alike, they are on the radar of mining millionaires....

    We are headed back to the low to mid .40's in my opinion, there is so much more going for WLD this year once the financing is tied over.

    With the wealthiest of investors like Gina and  Jan Cameron taking a close interest in the sector this could become a gender rivalry to become Australia's largest female land holder.

    I like the way this is shaping up, would be good PR to for this sector.
    Last edited by Warren's Prodigy: 06/09/16
 
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Last
4.7¢
Change
0.000(0.00%)
Mkt cap ! $24.96M
Open High Low Value Volume
4.6¢ 5.0¢ 4.6¢ $30.57K 642.6K

Buyers (Bids)

No. Vol. Price($)
1 11912 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 104546 1
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Last trade - 15.46pm 12/09/2025 (20 minute delay) ?
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