Good to see the quarterly out early, particularly in January,...

  1. 4,365 Posts.
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    Good to see the quarterly out early, particularly in January, suggests management are working hard!!
    Operating cash flow positive in tough trading conditions is a positive and good to see.
    Hopefully those green shoots in Poultry seen towards the end of the quarter continue.
    Timing wise the Burnie milk location sale should finalise late Jan / early Feb, hopefully this is announced when finalised.
    The sale will see $2.4m secured ($2.3m after costs), to pay off some of the $3.2m NAB loan, which will then save interest costs.
    Puts business in a good operating position with relatively clean balance sheet.
    Just need to find a path to grow the businesses and build some shareholder value back into it.
    Last edited by jaluma: 14/01/25
 
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