HARD no from me as well. If management does not feel like they...

HARD no from me as well.

If management does not feel like they can take full advantage of the tailwinds coming up for agriculture then we should hire some more growth minded individuals. I'm not one to knock management like other posters for stuff outside of their control such as the weather or input costs which has weighed on the sector recently because in all fairness there's not much they can really do.

But with this statement today and their intention to hand off the company they make it clear they don't view this as a long opportunity for the next 20 years. If they did, it would be a hard no from them as well. Actions speak louder than words.

That's fine, but as shareholders we obviously want the best outcome for ourselves and in my opinion having management who is more forward looking to the upside potential will be far more beneficial. Why do I believe there will be significant upside if this company is lead with a growth mindset?

- There's a reason PSP wants this and is lobbing an opportunistic bid. If 3.20 was the maximum value costa could be worth, why would PSP even bother? The answer is obvious, they intend to extract further value from it. They consider it to be worth more. So why can we not get that value ourselves?

- Billionaires and large entities have been buying up significant amounts of farmland worldwide as of late. They have been doing this because they can see the forward trend which I will address in the next point.

- Global food insecurity is projected to skyrocket due to a number of crises and the transition to a multipolar world. You have the same predictions coming out from wildly differing sources politically, giving this great credibility.

- Food production can be a very defensive asset, especially in economic times where hard, real world tangible assets are being predicted by many analysts to come back into favour. In economically unstable times, do you want a financialized asset or a real productive one?

- Australian food is globally considered to be very clean and high quality. There's big demand for our products and I believe growth lead expansion into more agriculture could eventually lead this company to become a production giant. If the right mindset is applied.

These are just a few of the points why I'm interested in costa, they may also be the same reasons why PSP is interested as well. This is just my opinion and I don't intend to sway anyone else, you all need to make your own mind up and if you disagree with me please share why, I love a good discussion.

I have tried to be not too harsh on management as I can also see it from their viewpoint, they just have a far shorter viewpoint it seems than I do and in the short term, a quick return can appear appetizing. I don't see this company as a short term company and would really like to see this company take advantage of the tailwinds in the future. I think it can be simultaneously defensive and offer growth.

Not financial advice or voting advice.