AHF australian dairy nutritionals limited
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Ann: Half Yearly Report and Accounts, page-7

  1. Dixie Chick
    473 Posts.
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    02/03/23
    09:19
    Post #: 66553375
    The milk to market approach is not on a large enough scale to warrant the investment in a niche market.

    The major asset of the company is in the land(which of much has been sold off) and the biological's.

    The biological assets are stated as $4,669,688, but on page 18 states mature then again on page 7 states that they also have $1,700,000 of young stock. How can anyone have confidence in their accounting policies.

    Many larger dairy farms are running profitably with the present farm gate price yet AHF keeping pouring funds into a deep black hole.

    IMO DYOR






    AHF Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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