Ann: Resignation of Direction (M McMahon), page-30

Your argument here is not logical Trahar never paid above market price therefore to sell when he purchased most holders would be for a loss.
as for spending the capital raising on PSD that what it is for to fund contracts that had been awarded.
I think we can ignore any major ufrom thepgrades to Queensland it was that comment that abused the spill.
If the downrampers bothered to fully digest the facts they would see Queensland farms are profitable and have been contributing to the advancement of PSD.
As far as speculation goes I will await comments from the new board after they revisit the plans and not make unfounded comments.