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0.00% 10.0¢ farm pride foods limited

Ann: Market Update Second AI outbreak, page-8

  1. xrebmem
    11 Posts.
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    06/10/20
    20:40
    Post #: 47893821
    Egg production farm near Toowoomba QLD has been placed on the market as EOI.
    https://www.realcommercial.com.au/for-sale/property-24-tummaville-road-kincora-qld-4356-503666974

    Did Farm Pride ever operate this farm since they purchased it?

    Looks like about $1.5million has been spent recently on upgrading equipment in 2 Layer sheds for Barn egg production.
    Its not clear if more has been spent on any other facilities?

    Will be interesting to see if there is any interest. I can't see them getting their money back, but maybe they can reduce some debt.

    FRM Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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