Ann: Divestment of NZ Land & Buildings, page-21

26 Mil in liability … only tangible asset is sold for 3m
aud after all the costs …

operating in an ultra competitive environment in which even the best struggles …. It’s common to see a2 and Bellamy selling at discount now in the shops …

directors gets paid ridiculous high wages…. Now they also need to pay 200 - 300k in rent

no management willing to quit or reduce their wages because it’s an easy way to financial freedom

tell me, with no vision, no strategy… how is this company even sustainable