Agria consolidates PGG Wrightson's results and then backs out the non-controlling por
In terms of your questions on, PGG Wrightson, Agria consolidates PGG Wrightson's results and then backs out the non-controlling portion. A declining share price does not impact such treatment on the income statement nor would it on the balance sheet. It would impact the valuation if there was some type of liquidity event. It would also impact the share valuation of Agria as investors tend to look for arbitrage opportunities buying shares of Agria if the underlying PGG asset is worth more than the implied value of shares of Agria. The investment by Agria and partnership with PGG has been and remains mutually beneficial, positive and productive. As the markets improve, we are confident the company will be more properly valued.
thats what IR told me a few month ago
cattle price remains firm
Has PGC sold all ists shares ? What are with the directors like Bruce Irvine , does he have to step back ?
What is the impact of price development for livestock like cattles. Is it good for PGWs shareprice ?
http://www.nzfarmersweekly.co.nz/article/9392.html