MGC 0.00% 43.0¢ mg unit trust

MGC Breakup.

  1. 391 Posts.
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    So this morning we see yet another potential buyer emerge,this time Aria Foods out of Denmark. Well known for its Lurpak butter range. So now we have around 5 potential suitors lining up for part or whole of the Australian dairy processor.
    I suppose all of us, the dismayed shareholders, are wondering where this is all heading! Will it end in a bidding war that may see our shares regain at least some of our lost value or the complete opposite. It appears that the majority of the farmer co-op unit holders need to agree to the breakup/ sale. I imagine that anything that restores value to the current milk price will be welcome.
    What are your thoughts fellow shareholders?
    Last edited by rockyboy: 15/09/17
 
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