PDF 0.00% 2.9¢ pacific dairies limited

MARKET UP DATE, page-13

  1. 17,233 Posts.
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    $13m market cap, no income, no cash in bank, and director recently selling some shares.

    Am I missing something here?

    Any private equity mob would be wanting to buy farms at low range LVRs, not 100% equity, bonds attached to AYB or not, they won't risk it, so who will fund the remaining cost?

    Anyway, maybe i'm missing something here or being too pessimistic?
 
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Currently unlisted public company.

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