Murray Goulburn is in a death spiral

Sums up the bear case pretty well and how hard it will be for anyone to jam a deal down farmer's throats. Going to the government is a pretty desperate move especially with a strategic process taking place and tells me they are feeling very weak. I'm amazed this unit price (itself the bottom of the pit in terms of the shareholder types) has held up as much as it has. http://www.heraldsun.com.au/news/opinion/ed-gannon-murray-goulburn-is-in-a-death-spiral-and-cooperatives-time-is-fast-running-out/news-story/41681ec4f0e5eb0f9af46ca305dcba55