Great to see such an astute investor as David Paradice joining the growing list of smart strategic value investors including Chris Corrigan and Kaplan Funds.
AACo is setting itself up for great things.
Also good to see Chairman and CEO confirming profitability of the Darwin Abattoir yesterday at the AGM based on 350 per day throughput.
Lower Aussie Dollar and increasing beef prices along with Indonesia's recent decision to cut quota on Live Cattle Export Numbers confirms AACo's strategy of moving into Boxed Beef and market diversification and vertical integration of their supply chain.
Continued acquisition of large cattle stations in NT and QLD by Australian and Chinese Billionaires also bodes well for increased valuation of AACo's properties not to mention the historically high cattle prices also supporting much higher inventory and property valuations.
Go go AACo!
David Paradice...nice!, page-2
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Last
$1.38 |
Change
-0.010(0.72%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.37 | $269.6K | 195.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 88550 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 9979 | 1 |
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| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
