Ann: 1H FY2023 Results Presentation, page-8

arms, I am a city dweller but once worked in a rural area where dairying was super important to the southwestern Victorian economy.

I understand the difficult lifestyle that dairy farming must be: the cows, obviously, need constant care and whoever supervises the milking has to be up at the crack of dawn I assume.

I'm sure many small retail holders want to thank you for your work and (I'm extrapolating) your loyalty should you be a supplier to BGA.

The company has good positioning, in the main, on supermarket shelves and one of not many nationwide chilled distribution outfits so while the coming recession may also be quite challenging, if BGA can ride that out it should have a reasonable future.

A concern is a lowball offer made by private equity or some non-mainland Chinese suitor if the SP fails to rise. I don't like 'Twiggy' but he may also be a player one way or the other.