GNC and had huge potential and there was acquisition opportunities they let it slip and they have gone offshore and repositioning for grain demand growth in Asia was left wanting, it drove me nuts back then and too many arguments went under the table. CBH in WA was and still is an awesome entity albeit a co-op.
As for the ADM takeover offer, I was glad to see it blocked but then horrified the reverse decision occurred for WBC.
Tenure at GNC was so short and the price would have improved irrespective but strategic foresight and mobilising the company just isn't in the psyche but finding an offshore buyer in one of our three key agriculture sector companies seemed such a easy exit. Pitiful really for someone gifted the opportunity to be an industry steward. CCL hasn't done a lot since the appointment and SPC has taken a hit that could have been averted.
Dr Death's partner in crime now holds the key to AAC and he threw out probably one of the top operators in red meats on the back of a disagreement over the new NT red meat processing plant. After a period of time out our largest Telco and bringing in the 3 amigos from the US to annihilate the shareholder value and disassociate from customers.
Yup, "not happy Jan" at the appointment is the best description.
CCL Price at posting:
$9.14 Sentiment: None Disclosure: Not Held
