Latest Change in GDT Price Index is down 3.9%. Break-down: Whole...

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    Latest Change in GDT Price Index is down 3.9%.
    Break-down: Whole Milk Powder -7.7%, Skim Milk Powder +2.3%, Cheddar +1.4%

    I am, as usual, quite enlightened by shorter comment, projecting negative MG future, based on a single piece of information, such as recent GDT changes.

    How about, if I say?
    1. Currently GDP price is almost the highest in more than two years.
    2. By MC production in 2016: SMP accounts for 35%, Cheese accounts for 25%, WMP accounts for 15%
    3. Victoria has one of the lowest cost-base for milk production in the world.
    4. AUD continues to depreciate against USD, sitting at 0.72. GDT price is measured in USD.

    As always, I am flattered by sentimental comments with the lack of economic principle and analysis in the underlying business and making judgement predominately based on share price. If the share price breaks above $2, the shorter will probably say something like "I didn't see this coming" or "MG got lucky", because he does not even try to understand the business.
    Last edited by eight: 04/01/17
 
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