Agrinos AS (OTCPK:AALYF, Financial) was down 32.3% in the third quarter. Agrinos is a green technology company with a unique microbial product that enhances crop yields. Poor performance in the third quarter was due to declining liquidity, driven by long cash collection cycles in Mexico and delays in government subsidy programs. We continue to hold Agrinos because we believe it has disruptive technology and favo rable growth prospects around the globe. (Catherine Chen)
From Ron Baron's Baron Funds third quarter 2013 commentary.
From Ron Baron's Baron Funds third quarter 2013 commentary.
