Does anyone agree that AAC would be north of $2 without the decision to spend $90 million plus on the Livingstone Abattoir? For the record this decision was taken by the current board / Chairman , but not by current CEO Jason Strong.
When the abattoir was floated by then CEO David Farley the plan was to get a joint venture partner to share the cost and/or provide expertise and/or off take product. However a j/v partner could not be found on "acceptable terms"
Given that at least the construction risk (and it seems some operating risk) is now removed, could the board now take on a joint venture partner? I am sure it would be a great boost to the share price which is being dragged down by industry talk that the abattoir project is a lemon.
Does anyone agree that AAC would be north of $2 without the...
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Last
$1.39 |
Change
0.020(1.46%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.39 | $1.36 | $613.8K | 445.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 358 | 1 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
