Don't worry!
You're in "dreamland", as are farmers, is you expect Farm Gate prices to hit A$6 plus in foreseeable future.
EU dairy farmers are continuing to flood surplus milk and its products onto global markets and there's no signs that this is diminishing. Rather, the EU subsidies are on the rise.
Most Aussie farmers fear of going to the wall. Many face financial ruin. Today.
Murray Goulburn was, and is, a business model fiasco. Unsustainable financially. Management and Board were, and still are, living in fantasia.
Key management have been sacked.
Now it's time for the full Board to fall on their swords, heading falling into full milk buckets!
IMO, we have not seen the bottom of the MG share price.
DYOR
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