There is Dalian Dashang Group with a 14.99%. They are one Chinese entity that has been purchasing land, (particularly cattle interests over the last couple of years )in Australia. They seem to have genuine interest in a stake in Australian agriculture, to secure prime products for their supermarket interests.
To quote their Aus CEO , "there are a few Chinese company's investing in Australian agriculture to secure supply chains, but few have the capability and sales distribution network comparable to Dashang" .
Their silence to me seems strangely deafening. Weren't they going to take Millions $ of BFC's product per ann. Have they just written off there investment in BFC? IMO, no. DYOR?
BFC Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
(20min delay)
