So its a profit down grade. Which this market do'es not like. I think that an other AG stock IPL got punished pretty hard the other day and bounced pretty hard in the days after. For AWB things can change pretty quick in a few short months, this bloody drought has been going on now in my area of SA for 3 years and this has never happened before. By the law of averages things should return to normal any time from now on. Looking at the charts AWB can run in the months leading to the sowing of the winter crop ( april,may june ) if the out look is good. Heres hoping for that long over due bumper year. There's also the possible merger with ABB.
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