AAC 0.00% $1.37 australian agricultural company limited.

Just wondering, Landi (and Fritzle and Amused Observer), what...

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    Just wondering, Landi (and Fritzle and Amused Observer), what value would you ascribe to the shares ?

    I ask this because you are serious commentators on the company (and also because I hold 200,000 at $1.16, 20% of my portfolio !!).

    Should a valuation be based on net asset value or P/E or some other measure ? Should the large short positions in the stock be a factor ? Should the apparent incompetence and complacency of the highly remunerated board be taken into consideration ?

    Looking forward to your comments, and particularly a dollar figure. 80c ?? $1.50 ??
 
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