Three decades ago i had some old aac for a bit. However, got a bit more serious and took a good position in them not long after they were first refloated at $1 per share...and they were trading at 70c odd...value of cattle far surpassed their overall value and u got property for nothing !
Only glanced at for years till later in 2014 when I thought there was a real opportunity for cattle prices to jump.
I think david Farley may well have been the man..maybe he made his move a bit early to try and capitalise on higher prices...just cant quite remember.
And i know cattle die on big places when its dry...but also know husbandry is improving and aaco talk that up..feedlots also have mortality...but more like 1 % i believe.
U tell me some more about the good job aaco are doing..i am willling to listen
Good for AAC Media update!!, page-78
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| Open | High | Low | Value | Volume |
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|---|---|---|
| $1.38 | 430 | 1 |
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