Drowning In Debt..., page-2

Updated Version:

One of MG's biggest unresolved and worsening problem is DEBT.

First, the company.

Below Link is an Article from AFR titled: "Gary Helou's debts mount at Murray Goulburn"

http://www.copyright link/brand/rear-windo...t-dairy-giant-murray-goulburn-20160420-goar0e

Second, and, most importantly MG's dairy farmer suppliers.

Below Link is an Article from ABC News titled: " Dairy industry in despair as Murray Goulburn milk price cut
leaves farmers 'owing" hundreds of thousands."

http://www.abc.net.au/news/2016-05-...farmers-'owing'-hundreds-of-thousands/7386664

Failed Solution: Floating MGC Units on the ASX, once touted as the MG's debt-nirvana, has failed miserably.

When one pieces both together it becomes a round-robin, each inter-dependent entity feeding off the other.

And worsening by the day and month.

New Strategy and Solution:

Until MG's fundamentally flawed Business Model is completely over-hauled it will continue in ever-widening circles, more farmers trapped in the net.

A new strategy and solution is required. Urgently.