Worse Is Yet To Come?, page-274

  1. 12,483 Posts.
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    It's time for change is coming and neither Fiona nor David are helping MGC by taking an aggressive stance against their source of raw inputs nor is Phil and his cohorts staying in denial of ever doing anything wrong with the appointment of Gary Helou and supporting his listing aspirations.

    Calling the EGM article
    and
    Board spill possibility

    The momentum is increasing so it is really a question of when it will happen not if any more.

    As an aside it is interesting to note WCB needs to raise funds to reduce its debt so Saputo is now starting to realise it paid too much for WCB back in 2014. Lucky for MGC they didn't pick that one up and am sure Bega is also glad it didn't pick it up. Both got a capital windfall from selling their positions at the time and imagine if MGC won that battle and debt funded it (as was being proposed at the time) on top of the current listing debacle.
 
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