If this is the standard of CLV shareholders I can understand why...

If this is the standard of CLV shareholders I can understand why the SP is depressed.

I will address your issues in point form, because I cant just see whre this will lead. Firstly:
1. Earnings well down on last year - really, I find that extremely interesting. Who from management told you that, I am very interested to hear? - you are breaking no rules by publishing here?
2. The Soy venture isnt a drag on earnings, thats completely false. Its an impact, but its a 100-200K impact. Last year is was relatively low at -270K. Local feedstock? Are you joking, on what basis? There is pressure there on prices but has already been factored in. FFI at this stage makes up a small proportion of the total bus.
3. The 1c dividend wasnt issued out of a tax credit/rebate. Thats another ridiculous statement. The company made circa 2.8Mill!

Have you bothered to keep track of CLV, in truth? The last PUBLIC ann for first 4 months was NPAT of 1.4Mill. I personally think it will be closer to 1.7 for the full 6 months (half year). Thought we will have to wait until Feb for this.