seems a good deal, page-3

the smaller part of the deal was cheap.

graincorp once again overpaid top of the market price for the larger company.

for a company that has proved over a decade of being screwed by deal makers,why do they keep expanding,instead of making their core business run properly?.

the ports are referred to each annual report,as a valuable strategic asset,that one day will be used to drive profit.

the allied mills disaster just keeps having cash thrown at it a decade after purchase.

the malt debacle---how could those signing off on this disaster at graincorp be the only ones in the world that couldnt see the private equity firm had raped and pillaged the malt business,then put lipstick on the corpse for quick sale?. surprise surprise,that is half a billion dollars of value destroyed by graincorp,and only the core business throwing off a river of gold saves them from bankruptcy.

graincorp has a golden core business in a sector of the world economy in great demand,and they keep pillaging it to pay for overpriced crap in competive grind markets.time for new management,from top down.