The only fundamental trigger I can see is from the recent elections, which we know is most probably not going to impact the company’s operations much considering it’s already at 50-60% and commands ~10-20% more price for its feed (my rough estimate) compared to competitors.
Regarding the US case, it keeps getting postponed with probably next update in Oct (if I’m remembering correctly).
So, if all else has remained the same, then how will the company’s fortunes change? Also, they’re venturing into pet food because even they have realized the same but that is a very long-term bet with branded competition
Company is in Stage-2 but my fundamental knowledge of this sector has left me unconvinced.
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