Ann: Trading Update and Sale of Port Melbourne Site, page-52

There is no way that BGA will be sold into foreign hands, the government won't allow it. I doubt Tattarang would be interested in the company, they have always been happy just to have stakes in companies, so not sure who would buy BGA that would keep the govt happy.

One of the reasons(among a number) we original Bega shareholders at the time of listing voted for the listing was due to the fact we realised a small co-op going forward was never going to last, the listing on the ASX gave the new company the chance to grow and expand. Have all the right things been done, maybe not, that is subjective, but the company is now in a position most would never have dreamed off.

Aus milk prices are out of step with overseas prices at the moment as Barry stated this won't last and the gap will close(how much who knows), but what this has done is made BGA act even quicker to streamline and consolidate the business/manufacturing which if the milk prices even out will leave BGA in a much stronger position. Will the milk pool continue to decline, probably, but BGA is in a strong position to utilise the milk it does have contracted to get the best results.