Hi Sydney, I hope you are correct, but I dont think so, terra...

  1. 932 Posts.
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    Hi Sydney,

    I hope you are correct, but I dont think so, terra firma equity ltd is not the same entity as the
    entity that you are thinking it is...this is all a bit confusing, I spent a few hour late last night
    trying to make sense of it

    My understanding though I could be wrong is that terra firma equity limited, is a company
    based in toorak victoria, it only been going about a year, the person mentioned and our new
    board member is a deal maker

    terra firma meat co is based in collins st melb and has had a few name changes over the years

    TERRA FIRMA MEATCO PTY LTD19 Aug 2023(current)
    INTERNATIONAL CAPITAL GROUP AUSTRALIA PTY LTD20 Nov 201819 Aug 2023
    GALAXY MOTION PICTURES PTY LTD05 Nov 201620 Nov 2018
    STEER FILM & ENTERTAINMENT PTY LTD01 Apr 201205 Nov 2016

    Didn't buying the cold storage meat business get us into this mess in the first place, buying
    at the top of the cycle, and selling at the bottom, or I should say giving away at the bottom, since then
    there has been good money in exporting our frozen beef, same as the fodder business, we sold just as the
    chinese tarrifs kicked in and now china is scrambling to try and fill the void, you couldn't make this stuff up

    Our only asset is our major tax losses and ASX listing, tax losses alone should be worth a few mill to
    the right people maybe 3 to 4c per share, lets just see what assets they actually want to sell us,

    cheers grant

    the above is my opinion only and given the scarcity of fact on the ground it could be completely wrong

 
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