Nothing wrong with the cattle business, just the people that have been driving the strategy at AACO, Cattle prices are 44% above the 2005-2015 average and they can't make a profit. Good lord.
Hold below is anticipation of a breakup and only 25% of my max holdings as sold down the majority at $1.85
Buffett/Munger: Cattle Ranching is "Worst" business, page-5
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
