BUG 0.00% 16.5¢ buderim group limited

buderim to exit bakery business - at last

  1. 619 Posts.
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    Good news today - Buderim Ginger may finally be exiting the bakery business.

    Credit to the new CEO, I assume he's behind this move.

    Not only might this decision save the company, it may mark the beginning of a new era for the company - for its employees and shareholders. In the longer term it'll be good for the local community too.

    Message to Buderim board: if you don't get any expressions of interest to buy the bakery business, just close it down. Better to take a hit on the balance sheet now than endure more years of losses... and eventual insolvency.

 
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