Business
Here’s why the Australian Agricultural Company (ASX:ACC) share price is up 6% today
The Australian Agricultural Company Ltd (ASX: AAC) share price is up almost 6% in late afternoon trading.
This comes after the company reported some positive figures for its first half results for the 2021 financial year.
Toady’s gains see the stock trading for $1.22 per share, up 9.5% year-to-date.
By comparison the All Ordinaries Index (ASX: XAO) is down 1.2% so far in 2020.
What does Australian Agricultural Company do?
Australian Agricultural Company is the largest integrated cattle producer in Australia. The company owns approximately 6.4 million hectares of farms, feedlots and processing plants across Queensland and the Northern Territory. That’s almost 1% of Australia’s total land mass.
Australian Agricultural Company…
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