Australia's reputation as a clean environment dairy producer helps our case, specially in Asia. The Australian dollar also helps at its current level and also proximity to China and the trade agreements in place are another plus for Australian Dairy Companies.
Europe is too far, exchange rate is not good and where in Europe is the milk coming from? Slovenia? Russia? Spain? Greece?
Market likes to know where the produce comes from, and there is no better place than Australia and NZ.
A new Ann informing that another Board Member is leaving ... It is a good opportunity to clear the deck and get xperienced board members to steer the company in the right direction.
VIVA MGC!
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