i was filled with dread before reading this announcement, but surprisingly it seems to say that they are expecting a full year profit in the meat business?!! I also hear the mozzarella plant will be commissioned over the next couple of weeks. This company has no real debt, and probably some appreciating assets. if it can turn a profit it looks like a good buy at 20c. But the communication to shareholders has been very poor.
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- Ann: Transformational restructure of Scorpio Meat business
Ann: Transformational restructure of Scorpio Meat business, page-4
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