I see debt levels have risen again and pretty similar loss to conparing first half of 19 to first half of 20.Before the one off sale of the lobster licence
No doubt it will see debt levels rise again by june 2020
With in excess of 60% debt and continuing losses, can the banks continue to fund them or will they call in all debt. Is that the real reason for farm sale not Sextons spin storey. The man couldnt lay in bed straight could he.
As for his call at the AGM that a modest profit will be made, where did that call come from, his ass like everything else.
If it was a private company for a small business the banks would have done that two years ago
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