Yes from way outside looking in it's been nothing but good news from AAC as far as selling beef is concerned but not much effect on the share price. Any unfavourable news Paradise, China overall markets have no trouble dragging it down. Right now I think something is at play the usual someone knows something we don't ? Similar to what has just unfolded with TGR no doubt someone does but l don't think that's it. I am telling myself it's a calm before a storm my uneducated opinion is of course some are deliberately taking it down and some are going to make a killing at some point .....just when? The next round of figures can't be to far away could that be the turnaround point?
I feel there are some factors holding AAC back that will take time, if ever to make the share price reach its full potential 1. The ghosts of its past performance and history say compared to an elders turnaround I've also heard it said that those who were burnt the last time round with agriculture probably won't come back. 2. AAC just aren't in fashion right now I never thought that milk would steal the show but if the hoards aren't interested in beef then I guess I'm just going to wait longer till it comes back into fashion. 3. If things are as good as they say and things are going to stay as good as what they say maybe a dividend which they have mentioned aspiring to will help things along.
My faith in this stock is still strong I have to remind myself management have bought in too and cattle prices are and should remain excellent I'll hang around for 10 years or more if I have to but I don't think it need be that long.
Sorry if I bored anyone just had to get it off my chest after these rough few days best of luck to all.
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Yes from way outside looking in it's been nothing but good news...
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Last
$1.37 |
Change
0.020(1.48%) |
Mkt cap ! $852.9M |
Open | High | Low | Value | Volume |
$1.35 | $1.38 | $1.35 | $265.6K | 194.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19999 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 1364 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7064 | 1.010 |
1 | 5582 | 1.005 |
4 | 98582 | 1.000 |
2 | 14000 | 0.990 |
1 | 5000 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.020 | 100 | 1 |
1.025 | 12519 | 1 |
1.030 | 75473 | 7 |
1.035 | 5582 | 2 |
1.040 | 78376 | 5 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
AAC (ASX) Chart |