I was probably bit hard harsh, but I was frustrated with some of them speaking about the unit trust as the problem.
I totally understand farmers taking higher milk price and leaving. I have absolutely no problem with that.
But to say we want our co op back and we will buy back at vwap infuriated me.
I don't know what amazing things farmers will do than current mgnt to save mgc
I keep saying why they keep hating on Mgc mgnt when the company was run like a piece of shit for 10 years and is geared way to highly for a commodity company
Farmers are actually doing best for few years and I predict this is the start of a a new great era for the dairy industry
The clean out which had to happen has happened
MGC Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held