'They have no interest in how it will affect farmers long term. That’s fine'
Thanks, tomuchtime, for a perceptive post. I would actually like to participate in the industry's Asian export prospects, so from that point of view I favour BGA whilst believing MG has the better argument.
I understand that it's the farmers' interests that the ACCC is trying to protect in blocking MG from taking WCB over.
If the farmers could speak with a united voice, I think the ACCC might be persuaded, but this would take time which MG doesn't have.
A letter writer to the AFR this morning says that he can see the WCB share price going much higher. I'm not quite clear how.
WCB Price at posting:
$9.05 Sentiment: Hold Disclosure: Held