Don't see the abbottoir being at fault ,maybe not the best investmennt for AAC but now its part of their strategy, the short selling % has the most affect on the share price at present .....sure hope they get burnt , Most likely not as this industry is old and slow moving ,not like ACX if you know that outcome
The share price started to decline after they devalued the cost of cattle on hand and has continued with the help of the short selling
The weather is not much help either having missed out on the summer rains,it has never stopped raining *its just we can not control it
Still see AAC good long term investment buy on the lows * sell on the highs it a seasonal investment treat it as such
Chilled Beef - The numbers don't lie, page-22
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Last
$1.38 |
Change
-0.020(1.43%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.37 | $290.7K | 209.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82812 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2730 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
