MGC 0.00% 43.0¢ mg unit trust

News: MGC Mg unit trust FY net loss after income tax of $370.8 million versus profit of $39.8..., page-32

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    “When I came in, in February, some decisive moves needed to be taken.”
    He admitted meeting with suppliers, getting rid of the MSSP, closing factories and putting out an early opening price didn’t initially turn MG’s fortunes around.
    “Unfortunately those initiatives didn’t stem the flow of milk, we still saw significant movements of milk and we are anticipating collecting two billion litres during this financial year," he said.
    “I wouldn’t go so far as to say we have stemmed the flow.


    http://adf.farmonline.com.au/news/m...ly-best-says-mg-head/2755756.aspx?storypage=0
 
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