awfull half yearly

seems to show employess are getting paid 50% more while the company loaned an extra $24million. Only saving grace is next years crop looks to be up about 15% on this years.

Also looks like they are making less and less from their gins but more from marketing the cotton thats a worry as barrier to entering the industry in marketing product is low compared with needing infrastructure to gin.

Dividend down half a cent from this time last year to now be 2.5 cents.

I will give them a D plus for coming to class and the subsidies the Indians are giving their growers is out of Namoi's hands.
But their makreting sux why are they not adding value with organic cotton and differntial grading like is happening with the New Zealand Marino wool industry.
I am disappointed