They will be very very hard pressed to raise capital into this company.
Their business model is dead and nothing in its place. All their hopes of alternative 'corporate' farming operations are not workable either.
They need dumb-money to invest here and most of that is dead also.
The whole ag sector other than the grain traders was off today in a solidly up market also but the closes just were not pretty.
Too much debt and no real prospects is the story here in my opinion.
Personal opinion only though. Do your own dd.
are the wheels falling off this company?, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)