Thank you for heading me off at the (first) pass dear Saragian..... I was getting warmed up exploring Victorian real estate.
I thought I sold everything I had left at open this morning with a view to buying lower but the price ran down to your $4.50s level and then back up in the twinkling on an eye ...
And then I found a forlorn 1,000 shares still for sale at a much higher price.
I might wait till your canary sings (speaking of Pentridge?) before getting more unless there is another market punishment.
(Meanwhile an opportunity to ‘storm the gates’ elsewhere ...Although ‘dew drop the gates’ is probably more apt )
Rightly or wrongly the impression the series of announcements has given me today is that all the news is on the table with good news re Bub goat milk baby formula, good/bad news re Coburg, then good news re interim dividend and finally ‘no news ‘ in the interim report?
....And Bega will save 50 salaries if there are 50 job losses, sad as that is .
Plus rent and other bills ?
And the Coopers report did say it had extra room at both Koroit and at Port Melbourne ..
Ie Coopers was expecting :
“
Utilisation of spare capacity at both the Port Melbourne manufacturing plant for Bega Foods and the Koroit dairy plant, which should improve BGA’s unit cost and asset position;”
(They already started making gluten free Vegemite at Port Melbourne which has to be as winner !
https://www.bhg.com.au/gluten-free-vegemite
https://www.perthnow.com.au/lifesty...ounces-a-gluten-free-product-bc-5999491912001)
Thank you again
(20min delay)