You also need to look a bit deeper into the numbers. They headline profit number of $20 million is a funny profit, which includes the revaluation of livestock (the cows became fatter). This is typical in this industry, Tassal do the same thing.
However, their operating cash flow was *minus* $20 million, they basically got by borrowing $40 million.
Anyway, I own a small amount of AAC to get my eye in, watch and think about the future.
Still havent committed to investing a meaningful amount.
CHO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held