Quote Originally Posted by Newman View Post
MGC and FSF are similar in nature. MGC was priced at $2.10 at IPO, and has dropped more than 50% in less than a month. FSF has always been traded above its issue price of $5.5.
It was only a few months ago when the crap happened at Fonterra many commentators/eperts were saying that Fonterra should model themselves on tht successful Australia co-op Murray Goulborn

Seems not all right at MG and they essentially in the same position as Fonterra and unhappy farmers with low payouts

Mind you Fonterra not doing that well in Aussie - losing more than $200m a year some reports say and tahts before they really piss of the farmers by reducing the payout to meet MG