At least for now anyway. On another note stock is up 14% over a week in a very crappy week ,star of the NZX and a GM buys a few shares to boot
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Cushing is back after a short break, enjoyed his absence.
Cushing needs to change his broker, trying to sell large volume into no volume doesn't work, great yield at these prices though and expecting the next result to be stellar, my biggest divvy paying holding but need to top it up before the result in August.
Any profits from ALL types of livestock farming look like they are going to be syphoned off by this Woke government policy
"Without recognition of existing sequestration even an 11c/kg methane price had significant financial implications on sheep and beef farms. At a methane price of 35c/kg, there would be significant impacts on sheep and beef farmers’ profits even if credit for all existing sequestration was included."
https://www.stuff.co.nz/business/far...h-farm-profits
Rural sector ….some making zillions while others fighting to survive
But as long as they keep buying from PGW no worries …..and if they need to sell there’s always the real estate division
https://www.rnz.co.nz/news/country/4...tor-industries