AAC
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0.00% $1.37 australian agricultural company limited.

Billionaire Gina Rinehart loves big and AAC has more cattle than...

  1. DSD
    15,757 Posts.
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    10/10/16
    11:58
    Post #: 19742405
    Billionaire Gina Rinehart loves big and AAC has more cattle than any other pastoral company in Oz. Will we see a bid? Plus AAC landholdings far more diversified than Kidman which is mainly channel country. Plus AAC has feedlots. Plus AAC has own abattoir and sells cuts into Korea, China, Singapore along with strong (i.e. expensive) Oz mkt. . Plus AAC has live export into Asia. Plus AAC had plenty recent rain.

    But most of all (for me) company can sell tens of thousands of weaners into the live Aussie mkt for an eye watering $4/kg on the hoof!! That's twice the price from 18 months ago!
    AAC Price at posting: $1.86 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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