The similar company to look at is BFC (which I regretfully hold).
Also heavily into dairy. Also trying to crack China with healthy foods. Also heavily Adelaide based.
Listed at 35c. Gone backwards for the past 2 years to 20c today.
I notice that there are some connections between the two companies. I wouldn't be surprised if BFC doesn't sell to or merge their dairy division with LON.
That would enable LON to have another capital raising which would help pay the directors fees for another year or so.
