Performance, page-15

Problem is no performance over past two years and little hope of a good result in 2017/18.
BPAM founded the China distribution network that BFC was to use. BFC has achieved little from such to date. Will things change?? Press articles suggest in the negative.
Bubs, Bellamys and Blackmores have new you beaut offerings. BFC has mature, low value products and most suffer from being categorised as commodities - Meat, Cheese (Soft & Hard), Water (??? - big mistake).
Mozzarella - BFC will be a small manufacturer. Fonterra in NZ has one plant that makes 100,000 tonnes per year. Jervois to make 9000 tonnes pa??
Suggest detailed analysis of past results will show the disasters by product.
Asset value will be a function of Sales and Margins generated - BFC fails in both areas.
Do we have a business problem, a management issue, Board issues OR all of these.
Biggest shareholders have no Board representation - how long will the sit??
Cash reserves must be dwindling.
Looking hard.