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Tom Richardson

Jessica Rudd breaks AACo drought

After 3½ years sitting on the Australian Agricultural Company’s board without a share to her name, director Jessica Rudd spent $40,000 on 32,258 shares at $1.24 each last week.

When the daughter of Australia’s former prime minister joined AACo in November 2017, shares in the beef giant closed at $1.56. Patience has thus saved her about $10,322.

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Tom Richardson was a journalist at The Australian Financial Review

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    Original URL: https://www.afr.com/rear-window/jessica-rudd-breaks-aaco-drought-20210530-p57weq