Looking nice this morning. $1.115 after dropping to $1.08. I'm still trying to understand what makes it tick. Aud down may help. Even with NSW drought still going to be a bumper wheat crop this year. Awb doesn't have that much exposure to NSW anyway. Would be nice to see a retest of the old $1.15 support level.
Does anyone know if the ETS would negatively impact AWB. Can't see how it would be positive.
AWB Price at posting:
$1.11 Sentiment: Buy Disclosure: Held