If someone other than MG wins WCB, why would that cause further industry fragmentation through excessive competition. They are both existing entities in the dairy industry already, only difference one is a so called co-operative and the other is a Public listed entity.
MG are not the be all of the Australian Dairy Industry. Have you ever supplied a non co-op. Competition keeps all factories on their toes and honest, and the non co-ops seem to be still in business and gaining more suppliers.
By the way like the name "Concerned Dairy Farmers" brings back many memories.
Have a good 22013/2014 season.
IMO DYOR
WCB Price at posting:
$9.22 Sentiment: LT Sell Disclosure: Not Held