Quote Originally Posted by mike2020 View Post
What was the timeframe on that Balance? I have not been a supplier or a shareholder for over a year now but the last few meetings I went to under the new board showed a much different culture forming with a long term plan that most farmers would have wanted from day one. Not an exciting vision of world domination just a stick to what we are good at plan.
Precisely the point I am making - previous FSF management were woeful and had no idea how to make sound strategic investments. Nothing to do with China or South America being bad countries to invest in.

So one hopes that lessons have been learnt & the new management are more capable.

All the money raised via FSF IPO - gone in a puff of smoke in bad investments. Sobering, isn’t it?