Highlights
ASX: NAM       NAMOI COTTON LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.355   0.00 (0.00%)  0.34 - 0.355  5,000

Overview

 
Avg Volume (4 weeks):24,262
4 Weeks Range:0.32 - 0.36
4 Weeks Price Volatility (%):
87.50%
52 Weeks Range:0.30 - 0.42
52 Weeks Price Volatility (%):
45.83%
Average Price Target:-

Headlines



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Business Background

Namoi Cotton Limited, formerly Namoi Cotton Co-operative Limited, is a cotton processing and marketing company. The Company's principal activity is ginning and marketing cotton. Its segments include Ginning, Marketing and Commodities. It offers services, including cotton seed marketing and commodity packing services. The ginning business operates over 10 cotton gins. The ginning service provided to the growers during the production process includes the separation of lint cotton from seed and other foreign matter and the conversion of cotton in module form to bale form. The marketing business involves the purchase of lint cotton from Australian growers using a range of forward contracts that offer differing combinations of price, delivery and risk characteristics. Its controlled entity, Namoi Cotton Commodities Pty Ltd, procures various grain and pulse crops from Australian growers and sells these into various domestic and international markets.

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