AAC 0.72% $1.37 australian agricultural company limited.

Ann: Update on Impact of Queensland Floods, page-3

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  1. 695 Posts.
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    From memory I though tthey said that Wondoola had 30K head and the other three
    properties had 50K head so in total it was 80k across the 4 properties

    So if the maximum fatality numbers from that worst case scenerio turns out to be
    correct, then we have lost around 55k head from a total of 82.5K or
    somewhere between 65% to 70% in total, plus calfs

    That is considerably more than the figure that I had guessed, I
    know that this 65% to 70% loss is worst, worst case scenerio, but I had
    guessed somewhere closer to 40 tp 50% across the 4 properties,
    but I had no real way to work this out...as I said just a guess/hope

    No mention of insurances, no mention of benefits downriver to our
    other properties, no mention of the explosion of grass, no mention
    of the possibility of moving cattle from the Barkly to the gulf

    No further updates until May

    Just negatives

    Not what I wanted to read IMO

    cheers
    Grant

 
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