With all due respect you have no idea of AWB's contingent liabilities. 4 Class Actions to defend, one pool remaining to be paid out, hedging losses still yet to be completely covered, no wheat to be obtained out of the 07-08 harvest, drought affected earnings on the Landmark arm, loss of the real estate arm to Farmworks (renegades took their reputation and client base and started their own company). Do you want me to go on?
Where will they get the income needed to survive? I'm all ears.
AWB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held