Joe Lewis,who is facing allegations of insider trading,increased his already sizeable holdings in Wagyu producer Australian Agricultural Company.
Prosecutors claim Joe Lewis passed on insider information about several companies,including Australian Agricultural Co,to friends,his personal pilots and romantic partners.
The Australian Agricultural Company lifted operating profits and revenue by hiking wagyu prices,but shareholders are yet to reap dividends again.
Mining magnate Andrew Forrest has splashed an additional $11.6 million on the Australian Agricultural Company through his private investment vehicle Tattarang.
The Australian Agricultural Company plans to keep raising beef prices to boost profits. Just don’t expect that to translate into juicy dividends.
Why does China seem to be cracking down on Australian exports? And how could this affect the Australian economy?
Australian Agricultural Company's CEO Hugh Killen says the rise of the home chef is helping to offset the impact of restaurant closures on demand for beef.
The ASX-listed beef producer has continued its recovery from last year's devastating floods in northern Queensland,delivering a $31.3 million annual profit.
ASX-listed cattle cattle company AACo has delivered a small operating profit despite the devastating drought.
Bega chairman Max Roberts was in the kitchen of a farmhouse a couple of weeks ago when he was presented with some clothes pegs.
Rising demand for Wagyu beef around the world is a key plank in the strategy of listed agribusiness AACo as it recovers from devastating floods