Once again we are at a place where Australian Agricultural Company not only becomes a good buy, but I would suggest to you its a probable takeover target. I'm not altogether sure a takeover would succeed however. Why? For two reasons:2. I think its the largest private owner of land in Australia - so I can't see that passing to foreign hands
I have already sung the praises of this company, so I'd be inclined to just refer to those. Once again its a timely entry. Food prices will move up, and this company will continue to benefit from strong beef demand in Asia, and I would suggest from a free trade agreement with ASEAN countries. It will even benefit from climate change, as northern Australia is experiencing more rain.
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Andrew Sheldon www.sheldonthinks.com


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