Ag Growth International (AFN) was up 5% on the back of Plantro’s push for the company to sell, following a Q4 that was headlined by margin compression…

… and a company-wide restructuring, with focus shifting away from large commercial projects in Brazil…

… taking a big bite out of the order book, which fell 26% Y/Y to $543M.

Shares sold off over 30% on the print, back to lows seen when the Brazil risk was identified last year - where shares will likely be stuck near-term without an offer…

… given management is guiding to more pain ahead in Q1.

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