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Umm what is happening, page-7

  1. R08
    2,702 Posts.
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    I am already in.....
    The 2.5c CR process is a public offering under prospectus - anyone can buy in and/or you can buy more - up to you. Plus, AYB has left the door open to offer part of these shares out to the farmers that currently own the properties they are looking to acquire in lieu of cash at settlement following purchase as announced in the EGM document.

    The farms appear solid in infrastructure, quality of herd/genetic composition/milk production, existing supply agreements in place and the revenues are impressive. Overheads also required to gain entire financial picture.

    The interesting part could be, if good old, small market capped AYB secure such high producing farms with impressive revenues as reported - the eyes of larger organisations that are monopoly minded in this very tightly held, quality market may start to look down upon
    us. Who knows....it's never a negative to have dreams of success . Sometimes my imagination runs wild with hope.

    I have considered the FA of this company at length and right now, all of these 5 deals are paramount to the success of the company moving forward. Without them, I may need to reconsider my holdings in the future.
    IMO
 
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Currently unlisted public company.

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