The bizarre direction and management of this company by its directors is unfathomable.
Assets continue to be stripped and diverted into a fantasy of becoming an Infant Formula producer into an industry that is retracting.
Where will they be able to source raw milk to produce powder to make these products when dairy farmers are leaving the industry in droves, and only the larger producers are to survive.
Supoto are seriously looking at wether to continue their Australian operations. China's dairy industry has grown with record levels of milk production and are growing their powder production.
The large manufacturers with the score on the board are the ones who will survive and the ones that will be able to source supply from farmers. No dairy farmer is going to supply an unknown and take the risk to be left high and dry.
IMO DYOR
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