Every day prior to the close massive prop buy bids. Always at least two at various prices for individual totals of 21455. Then also 2 to 3 more randomly in the 30000's. By 6pm the bids have disappeared and they don't appear until the next day at roughly the same time. This company is struggling to survive even with the Governments generous legislative hand. Farmers are responding by growing any other deregegulated grain. Eg feed barley today at $270/t. Thats a $30-40 premium to prime milling wheat. The wheat industry will die in this country unless this market is deregulated. Either way the AWB is a spent political force. Buy at your own peril!
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Will Souter, CFO
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