MGC 0.00% 43.0¢ mg unit trust

MG supplier in WCB country. Dairy farms cheek by jowl for my 20...

  1. 306 Posts.
    MG supplier in WCB country. Dairy farms cheek by jowl for my 20 minute drive to Allansford. Now only 1 MG sign to drive by. WCB FON BGA signs. UDC will replace some of the Fonterra signs. I expect they will ann opening price this week. I hear first years production is pre sold. They had indicated they would pay 25c/kg ms more than the average of the big 3. More recently I heard that MG price would not be used in calculation. My best guess is $5.60 opening.
    McKenna could just about build a pipeline from his farms to the Koroit factory. Koroit would also be a nice tuck in factory for Saputo or BGA.
    I can't see MG surviving this milk price war as is. The board meet again next week and I hope they match the opening prices and protect themselves with quarterly pricing.
    I just can't see the mighty phoenix scenario playing out this time.
 
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