Best or worst? Either way change is on its way..., page-3

I agree, the second paragraph is a pure co-op legacy that should be gone and MG-Devondale should carry the burden of cost for last seasons milk (supposed) over-payment from the date of when MGC units were approved for ASX listing. anything before that they should offer their milk suppliers at least a 3-5 year relief programme for repayment at zero interest. Anything less and they deserve a declining a milk supply where the dairy farmers seek better arrangements elsewhere and the same goes for Fonterra as both of them have lost the plot in terms of looking after their supply chain.

The nub of this is the same issue that was raised last year and that is the investors seek a gain that is to the detriment of the supplier and vice versa. They need to get these two important groups aligned and the only way to do that is to remove the ridiculous milk supply-share scheme - it's straight out of the 1960's or pay back the investors through a fresh debt provision and return MGC to a co-op - highly unlikely.

As for Gary Helou still be retained in some form by MGC, if this is truly the case then it is just more opaque dealings by MG-Devondale and the board deserves a swift delivery up the back of the legs.