PDF 0.00% 2.9¢ pacific dairies limited

Ann: Proposed Capital Raising, page-63

  1. R08
    7,852 Posts.
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    Lol ! Can they take the cows for a flight test also ??

    This is becoming comical.....literally bugger all cash in the coffers, they want to raise (what was it again) $15m from holders and the farmers are still waiting for their money - all 5 of them and nothing looks closer to being resolved - at all ??!!

    I thought they were taking out 2 farms by the end of July / early August ?? Can't do it I assume....no money, no lenders in place, no PE investors other than those that may have been led along a merry path waiting for a return on their investment.

    A certain few won't be happy if they do not get that return.....promised the world and delivered not much at all all from management to this point. Where is the prospectus ? We are well behind schedule here, with no shareholder communication at all from management. We get a financial Qtrly but NO activities Qrtly ?? Something other than a we get to go to Fiji and play with coconuts Ann would be appreciated.....
 
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