They said at ASM that they discussed a cap raise the day before but because of current share price they wouldn’t be doing one
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They said at ASM that they discussed a cap raise the day before but because of current share price they wouldn’t be doing one
The ironic thing is, the changing of the well worn word 'chairman' to 'chair' to reflect 'sexual equality' is a crock anyway.
The 'man' bit of chair'man' never referred to a man in the first place. It is derived from the latin for 'hand'. In french (a latin family language) the word for hand is 'main', which when it found its way into English in 'chairman' lost the 'i'. So what 'chairman' actually means is someone who leads a board of people 'with a guiding hand', with no implied sexual connotations at all. Thus describing a woman who heads a board as a 'chairman' is the perfectly correct English expression to use. It is the thing she is sitting on that is the 'chair'. To describe a person as a 'chair' is a perversion of the English language.
SNOOPY
Good post Snoops …..suppose a Chairperson then is even worse than using Chair
Smallest green kiwifruit crop in 20 years means some growers won't make money
https://www.stuff.co.nz/business/far...ont-make-money
Green Kiwifruit are rarely profitable.
Anyway - good to see currently Kiwifruit specials in the shops. Our growers love to milk consumers when times are good for them, but this means they have no large home base.
The result is they now need to discount even a smaller harvest in the supermarkets.
My wife's grandma (herself a successful farmer) used to say "only dumb farmers don't look after their own people". But what would she know?
Confirmation in this article From Zespri and Eastpac that volumes are down 20% in line with Seeka's forecast.
Bad 2023 kiwifruit harvest sees some growers visiting bank manager to stay afloat
If a grower has an unhappy bank manager, selling some Seeka shares must seem a good option. Plenty of shares were issued to growers in part payment for the last few years acquisitions.