AHF 17.7% 2.0¢ australian dairy nutritionals limited

Ann: Notice of 2016 AGM for AHF-AHF.AX, page-29

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    An article on Fonterra with a key observation for AHF

    Let me requote the key observation...

    "Prices for dairy ingredients like milk and butter have fallen sharply for more than two years, hit by a global oversupply, squeezing the finances of farmers and producers and pushing many towards consolidation in search of economies of scale."

    AHF started out pursuing a farm aggregation then moved to vertical integration and the above quote from the article shows that strategy was correct - consolidations in search of economies of scale. AHF need to get back on that bicycle and start peddling hard. There are plenty of opportunities to choose from.
 
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