Ann: 1HFY21 Results Presentation, page-57

While many of us pay little heed to analysts and prefer to DY(M)OR, Bell Potter has (late to teh party!) put out a 'buy' recommendation on BGA:

(note how it doesn't expect the claimed'$41 million in synergies' to just be a year-long process: it takes longer, as I'd suggested in another BGA thread):

The acquisition of Lion Dairy & Drinks (LDD) and the targeted synergy base is expected to drive a material step change in returns for BGA over the next three years. In addition, we see BGA benefiting from an improved competitive position at the farmgate in FY22e on the back of recent operational issues at competitors and the material outperformance of SMP relative to other dairy ingredients in recent months. In the medium term we see the potential for additional LDD synergies to be realised as seasonal milk flows are better utilised