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4,987 Posts.
139
30/06/16
17:01
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Well I bought some at $3.89 today.
FOMO got the better of me.
But still cheaper than $4. I paid last week.
I agree that they shouldn't over extend.
But the expansions are carefully planned and selected.
Current market prices are accomodative for production increase.
I expect cashflows to increase with higher prices. Woolies has fresh salmon at $28 a kg. Appears to be higher than last time I went to have a look.
Fair value adjustments of bio assets to add to net profit this half as well.
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