I am sorry you are right, no milk in Mount Gambier is taken to Adelaide its cost restrictive
The Adelaide Hills dairies are a dying breed. Maybe why the united cheese factory they bought for $4 million went into liquidation. Now bestons have it I wonder what BPAM have it valued at
The dairy farms they bought in Mount Gambier needed so much spent on them, but that has helped BPAM with asset value, just not Bestons bottom line.
There have been whispers they are being looked at for sale but funds will need to pay back that $40 million bank debt
i guess they never really needed them for their factories but it helped BPAMs asset value
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BPAM Asset Valuations and Income, page-12
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