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0.00% 0.3¢ beston global food company limited

Ann: Sale of Dairy Farms Secures Milk Supply, page-19

  1. bongo5
    1,105 Posts.
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    11/06/20
    22:03
    Post #: 45172116
    so let me get this straight
    after the sale they will still have 20mil in debt, and expecting another loss this FY.
    the sale now means they will be paying more for their milk which means their COGs will increase on a product t they are not making any profit on.
    to me it seems like a quick fix and in 12 months we may find ourselves at 40mil debt again
    BFC Price at posting: 10.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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