re: yellowcake
Sold at from $4.60 to $4.80. Bought Paladin at 50c, Summit at 30c, Laramide at $1.17 and ERA at $8. Exited most of these in October 05. Me no complain and bear no grudge for missing out on a sucker rally in AWB. In fact has been a stellar 18 months for this farmer. What does it say when a wheat farmer relies on the stock market to bring home the bacon? I tell you there is a nation full of negative budgets ATM and that is after pulling in the nation's second largest crop. Things have changed since you left the industry Alpha. Changed oh so much. 1 litre of oil (equivalent) to manufacture a kilogram of urea! I'm burning 150 litres of oil per hectare to grow my wheat crop just on nitrogen fertilizer.
AWB Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
