Irrespective of where the vote ends up tomorrow, the scene has been set to make the company answerable in other venues as to what has and is happening with the issuing of shares, investor funds and announced borrowings.
On the outside looking in this company lost its rudder with the involvement with Fiji and other parties occurred. For many in the processing industry they are on their knees due to the lack of supply or being able to source the raw product MILK.
FGMP has risen and continues to rise for volume producers and for PDF that was their initial plan as per announcements in late 2015 early 2016. Unfortunately for shareholders large and small of PDF they due to a board with inexperience and no knowledge of the dairy industry have lost faith with shareholders, investors and the funding community.
Upon talking with many shareholders over the last few months and listening to their stories and angst it is unbelievable that the board have been so hell bent on blaming and denigrating others for the position that the company is in and not getting on with delivering what they have prostricanated about for far too long.
One would have to wonder why the BOD are so intent on not handing over the running of the company to non related parties who can do.
Good Luck to the shareholders of PDF.
IMO DYOR
PDF Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held