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THERE’S no clear explanation behind a steady decline in Australian Agricultural Co’s share value seen since mid-January.
Shares were trading this morning at $1.59, down 27c or 14pc over the last month, and 78c or 33pc lower than their recent high of $2.37 seen back on 20 June last year.
A sharp fall, then rapid recovery seen back in October (see graph) came on the news that the company had delivered a $38.8 million half-year net operating profit, up 28pc on the previous year.
Of note, the recent downwards trend has happened on only very low daily share…
