BFC 0.00% 0.3¢ beston global food company limited

Ann: Results of General Meeting, page-5

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  1. 132 Posts.
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    Shareholders and particularly Almo Steen,
    The big "Boss" may have in part give us direction and answers on the BFC fiasco.
    Friday 's direction (EGM) aided from "above" was a start.
    Today's market upward move is encouraging. Would 20c be on if Sexton and Gerlach had gone on Friday??
    If we all attend Church and pray then maybe the following will be answered,
    • when will major shareholders stand up?
    • Sexton moving out of BFC offices - is there a date?
    • Sexton, Gerlach and any other Board members that seek to go, leave at the FY20/21 results announcement (Aug 30/31).
    • does BFC have any cash on hand? Has the Company had to take on, or will take on, new Debt
    • does BFC make a net margin on Mozzarella cheese made and sold?
    • Lactoferrins - believe the selling price has dropped from A$4000kg to A$700-800kg. At the lower price is there a net margin to BFC?
    Hope the big "Boss" can offer more asistance but all shareholders need answers.
    It's getting a bit cold these mornings in the front row pews.
    Will rugup and wait for the FY 20/21 results - guessing at another big loss.

 
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