Pre June 30 then ??

Hi all,
See speculative thinking in immediate past posts by others on,

1. takeover...............why? Who would jump now? Sit and await the fall (Receivership).
2. Sexton resignation - has been needed for past 2 years (probably 4).
3. New Board - when??
4. Lactoferrins - forward sales?? Positive margins?? Customer requirements - all met and BFC can deliver on all??
5. Mozzarella margins - exist??
6. FY 20/21 - Loss will be ?? BIG.
7. BFC - cash position ?? If tight then ? Losses have to be paid for................by ??

Where do the new (6.5c) entrants sit ??
Another annual loss (6th on end) will surely unsettle the "newbies".
BFC Fix/fixes then are,

1. lactoferrins, lactoferrins and lactoferrins BUT won't Saputo and Bega do similar?? Is market in balance now. Will BFC volumes unsettle the balance? Over supply means prices softness.
2. Call on shareholders for more $$.

Failing 1 and 2 then NEW EVERYTHING or Receivership.
Time is running out.