PDF 0.00% 2.9¢ pacific dairies limited

The longer we hear nothing the more likely it is it'll be bad...

  1. 246 Posts.
    The longer we hear nothing the more likely it is it'll be bad news. I don't think the management know how to give a straight answer to a shareholder question anyway.

    I speculate they are trying to manage short term cash flow issues rather than the longer term debt, which had largely been paid off. The contractor issues probably left them with bills to pay but no money coming in and ongoing costs from other operations. If they can bridge that gap they might have a chance otherwise it won't be pretty. The fact they don't seem to want to tell us anything just reinforces speculation it ain't going well. On the bright side its not affecting our SP!
 
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