PDF pacific dairies limited

Explain something to me please

  1. 1,117 Posts.
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    Hi everyone. I am trying to get my head around AYB. Let me be clear, I am not trying to down ramp this stock, just trying to understand it. The company is out of money and will probably not survive unless the bond raising is at least partially successful. Management say they are buying some dairy farms, fine. Who operates these farms? What is their experience? What is management's agricultural experience? What is their strategic plan? It seems to me that there are far too many unanswered questions here. What am I missing, because god knows there seems to be no information either on their website or in the accounts or announcements. Thoughts everyone?
 
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