Fonterra has used them and still do over the last 18 months
Agree they need to get the business in a strong position and then reveal the way forward
I am not sure they know which direction but they do know the current structure isn't sustainable.
I didn't buy in until recently because I didn't like the structure but given the value I believe exists and the move to a new structure if done right can unlock value
MGC Price at posting:
89.0¢ Sentiment: Buy Disclosure: Held