100% correct. Wellard processes 6x as many sheep in its WA plant as it exports live. Sheep price would collapse if live exports are banned which would allow Wellard to clean up in sheep processing and clean up in live cattle export now that cattle prices are also collapsing.
Bullish for AAC, page-59
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$1.36 |
Change
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Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4892 | $1.36 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 2310 | 5 |
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