AAC 1.11% $1.37 australian agricultural company limited.

Am I missing something here? AAC releases one of the worst FY...

  1. 27 Posts.
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    Am I missing something here?

    AAC releases one of the worst FY results in recent memory - ($106m NPAT loss / $39.9m cash flow loss / 50.3% reduction in meat sales / 67% reduction in total sales rev) - but the share price is up almost 7% today...

    Share price has been trending down significantly over the past 12-months, before any of this news, so why would anyone be buying in now? It seems like a counter-intuitive reaction.
 
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