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Last edited 3 years ago
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stale
Added 3 years ago

From Reuters:

  • SEES EXPECTED RANGE FOR FY22 UNDERLYING EBITDA IS INCREASED TO A$590-670 MILLION
  • EXPECTS FY22 UNDERLYING NPAT TO A$310 MILLION-A$370 MILLION
  • RECENT WEATHER PATTERNS AND CONTINUED LA NINA CONDITIONS HAVE PROVIDED EXCELLENT PLANTING CONDITIONS FOR 2022 WINTER CROP TO DATE
  • DESPITE RECENT WEATHER-RELATED SUPPLY CHAIN DISRUPTIONS ACROSS EAST COAST AUSTRALIA, CONTINUING TO OPERATE PORTS AT CLOSE TO FULL CAPACITY
  • CONFLICT IN UKRAINE AND RESULTING TRADE DISRUPTIONS IN BLACK SEA REGION HAVE CREATED UNCERTAINTY IN GLOBAL GRAIN MARKETS
  • CONFLICT IN UKRAINE AND RESULTING TRADE DISRUPTIONS IN BLACK SEA HAS FURTHER INCREASED DEMAND FOR AUSTRALIAN GRAIN AND OILSEEDS


DISC: Sold on the spike when it hit my sell order at $9.40 IRL. I think the share price went ahead of itself at 9.35+.