CNN - BAYER $100mil market, page-7

Following is a piece from another forum written by Fastoy.

Just forgetting the share price of CNN for a moment, this announcement is actually very significant. Many people think blowfly, a nuisance at picnics etc....but this is not about that.

Its about one of the biggest single expenses and environmental problems associated with sheep farming. Millions of dollars are spent each year, millions of sheep die agonising deaths and millions of litres of horrible organphosphates run into creeks and streams from the use of the current anti-blowfly strike chemicals.

Not to mention the appalling sight of a sheep badly affected by strike.

This may be just a step, but in years to come this is no doubt the direction that the industry will go.

fastoy