To add, there will be no spill of the board. Silent majority of farmers who hold the voting power will not allow it. Milk powder satchels are now selling at normal levels again and devaluation of currency is already upping forecasts.
All stock had to be revalued low. This is likely to be revalued in new financial year.
Board was buoyed last night. The tide has turned.
MGC Price at posting:
$1.15 Sentiment: Hold Disclosure: Held