Drought and pressure on water is holding this one back. Their strategy to move West nut boom part 1 pre GFC was sound as cheapest and most reliable water just timin g was out.
Love the nut/health story because demand will continue to surprise to the upside but need to see big rain in the catchment to be able to capitalize and in fact not be penalised from further tightness in water resource availability.
A couple of big cyclones and this story is unleashed for SHV.
Water
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 (20min delay)
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Last
$3.31 |
Change
-0.030(0.90%) |
Mkt cap ! $400.7M | |||
| Open | High | Low | Value | Volume |
| $3.34 | $3.34 | $3.30 | $1.490M | 450.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1772 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.31 | 23096 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$3.31 |
Change
-0.030 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| $3.34 | $3.34 | $3.30 | 63315 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| SHV (ASX) Chart |