Don't need to be an Insider to know that Australian processing costs are too high and throughput too seasonal. Also doesn't take an Insider to know that consumers strongly prefer fresh beef to frozen beef (which is why McDonalds is already moving that way in the US). Which is why most cattle from the north will be shipped live to Asia (and other places) for processing.
Buy Wellard if you want to play the Asia beef consumption thematic.
Don't need to be an Insider to know that Australian processing...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
