Yes, if you read on you'll see my apology and admission that I had infact used the incorrect spot price for cattle ending 31st December. But the equation is still the same nonetheless.
Also, if you further read through the thread you'll see exact numbers of cows and volumes of milk produced. But judging by your comments 'dont believe a word of it' I guess you're arrogant in assuming the company was falsely purport their assets to the market in breach of the Corporations Act and face substantial fines and or imprisonment for doing so...
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