AHF 3.33% 2.9¢ australian dairy nutritionals limited

Ann: Letter to Shareholders - Farm Update, page-18

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    [Extract]

    Secret Camperdown contract


    Australian Dairy Farms subsidiary, Camperdown Dairy Company, has signed what it calls a significant processing contract to provide sales likely to exceed $30 million during the first four years of production.

    The deal, with an international food company and specialty dairy products brand owner, covers a number of new products to be launched for sale in Australia.

    Although apparently available in premium markets overseas, details of the new fresh lines involved have not been disclosed.

    Camperdown Dairy will now spend about $750,000 expanding the manufacturing capacity within its existing factory, having already conducted trials for the product range at the Victorian plant.

    The south western Victorian Australian Dairy Farms Group was the first dairy farming business listed on the Australian Securities Exchange, later buying the Camperdown Dairy Company in 2016.
    [END]

    Source: https://www.queenslandcountrylife.com.au/story/5423404/agribusiness-buzz-in-brief/?cs=4699

    More information and easier to read and understand in this article than has been released by the company in many years. However even to the publisher (or article writer) it is all smoke and mirrors and more secret squirrel stuff and yet normally on the whiff of something like this tends to drive the share price and yet here we are, again, with a declining price from the initial spike on "organics" and a waning volume trade activity.

    C'est la vie.
 
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