SOUTH Australian food producer Beston Global Food Company has launched an independent investigation into its lagging share price in a heated agribusiness market while resolving to take on maiden debt to grow its dairy business.
“Our share price is significantly undervalued, as a result of which we are not on the radar much for investors and brokers and we want to find out why,” chairman Roger Sexton told The Advertiser on the sidelines of the group’s annual meeting in Adelaide on Wednesday.
BFC Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held