Supplier shareholders of milk farmers in MGC can sell shares and leave from MGC when they want to without paying back MSSP(milk supply support package) amounts they got in financial year 2016 by higher FMP(farmgate milk price).
Thus it is needed to get legal binding document mentioned farmers not to leave from MGC before paying back MSSP amounts from farmers,even if MGC will not make loan documents for MSSP with farmers.
MGC should reduce FMP to the same level with the other milk companies ASAP to prepare for the sound future.
- Forums
- ASX - By Stock
- MGC
- MSSP needs legal binding document
MSSP needs legal binding document
-
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online