AAC 0.37% $1.36 australian agricultural company limited.

Somebody puking stock at $1.11? I bought to hold now for a while...

  1. 7,719 Posts.
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    Somebody puking stock at $1.11? I bought to hold now for a while - irrespective of the SP. I suspect we are looking at a good time to be exposed to beef (meal times too - lol), with market fears that the US will do a beef deal with China that excludes us somewhat, and worries about drought receding. Might be no China US deal at all in the end. Beef isn't really difficult to sell if it is from Australia and grass fed.

    AUD could end up a basket case as well with these China issues. Lots of ways for things to turn around IMO. I plan to hold until Beef prices are soaring, and beef sales are up. Might only take til March or April - who knows? Aus might end up back at 150 ktpa to China sooner than we think - who knows?
 
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$1.36
Change
0.005(0.37%)
Mkt cap ! $852.9M
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$1.35 $1.36 $1.35 $52.54K 38.91K

Buyers (Bids)

No. Vol. Price($)
2 13013 $1.36
 

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Price($) Vol. No.
$1.37 3110 5
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Last trade - 11.38am 29/11/2024 (20 minute delay) ?
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