AAC 0.72% $1.37 australian agricultural company limited.

Here is a cynical view not out of the realm of probability.I...

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  1. 1 Posts.
    Here is a cynical view not out of the realm of probability.

    I suspect Joe and his team have a clearer idea then the rest of us on the impact of these floods on asset values, insurance as well as revenues - at a minimum they would have range. Management are being paid primarily by Joe Lewis to assist him in keeping sentiment down so that the creeping takeover can continue at 5% a year at suppressed prices ... will minimise any takeover premium by reducing shareholder base and in time will allow for a low "premium" bid to mop up the remaining shares ... will then de-list and be run properly or will be broken up for a large profit. Existing management will be handsomely rewarded (post de-listing) for being complicit in a transfer of wealth from small shareholders.
 
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Last
$1.37
Change
-0.010(0.72%)
Mkt cap ! $852.9M
Open High Low Value Volume
$1.38 $1.40 $1.35 $201.7K 147.7K

Buyers (Bids)

No. Vol. Price($)
3 107823 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.41 2730 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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