AHF SHAREHOLDER ACTION GROUP
AUSTRALIAN DAIRY NUTRITIONAL GROUP ( ADNG )
ASX CODE:AHF
THE CURRENT BOARD HAVE WEAKENED THE COMPANY, HELP TO PREVENT THEM FROM FURTHER REDUCING SHAREHOLDER EQUITY
ADNG HAVE SOLD VALUABLE ASSETS TO FUND LOSS MAKING VENTURES
SALE OF FARMS, LIVESTOCK & PLANT & EQUIPMENT MASKS EXTREMELY POOR TRADING RESULTS
POOR CAMPERDOWN
DAIRY COMPANY PRODUCT SALES, RESULTING IN VERY LOW REVENUE
JOIN OTHER MAJOR SHAREHOLDERS OF ADNG,
IT'S TIME FOR THE CURRENT BOARD TO BE CHANGED
DIRECTORS HAVE BEEN ISSUED PERFORMANCE BASED SECURITIES IN THE FACE OF THE ALARMING ONGOING RESULTS OF THE COMPANY
THE CURRENT BOARD HAS PRESIDED OVER THE DISASTROUS DIRECTION OF THE GROUP, WHICH HAS LED TO THE COMPANY LOSING MONEY YEAR ON YEAR, WITH NO OPERATIONAL PROFITS RETURNING TO SHAREHOLDERS.
DECISIONS BY THE CURRENT BOARD HAVE RESULTED IN SHAREHOLDER DILUTION, WITHOUT GROWING THE OVERALL VALUE OF THE GROUP.
NEGATIVE CASH FLOWS WILL CONTINUE TO IMPACT THE VIABILITY OF THE COMPANY MOVING FORWARD.
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THE COMPANY (GROUP) HAS ACCUMULATED LOSSES IN EXCESS OF $38 MILLION AS AT 30 JUNE 2021
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SHAREHOLDERS ARE AT RISK OF LOSING THEIR TOTAL INVESTMENT
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VALUABLE ASSETS HAVE BEEN SOLD TO FUND POOR BUSINESS DECISIONS, THOSE ASSETS PROVIDED COMMERCIAL & STATEGIC SUPPLY ADVANTAGES FOR THE GROUP.
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OPERATING REVENUES AND SALES VOLUMES DIMINISHING
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SHARE PRICE HAS FALLEN TO THE CURRENT LOW, WELL BELOW THE LISTING PRICE.
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NEW INFANT FORMULA PLANT, NOT IN PRODUCTION OF INFANT FORMULA AFTER 36 MONTHS
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CAPITAL RAISES, FUNDING THE SAME ACTIVITY
$ -38M - GONE
4 FARM ASSETS - GONE
OPERATIONAL LOSSES - CONTINUE
WHY THE CURRENT BOARD NEEDS TO CHANGE
WHAT CAN BE DONE
CHANGE THE BOARD
BY VOTING WITH US
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THE
PROPOSED NEW BOARD WILL CONDUCT AN INDEPENDENT REVIEW OF ALL COMPANY OPERATIONS & COMMERCIAL AGREEMENTS TO ASSESS AREAS OF PRIORITY & CORE FOCUS.
CHANGE THE BOARD!
MAKE THIS COMPANY PROFITABLE
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HOW TO PARTICIPATE IN THE ACTION TO CHANGE THE CURRENT BOARD?
VOTE IN FAVOUR OF THE PROPOSED RESOLUTIONS TO INSTALL NEW DIRECTORS
By voting in favour of the proposed resolutions you will ensure AHF has a chance of a successful future
THE PROPOSED NEW BOARD
Strategic thinker in Australian Retail across multiple channels with extensive experience in the Dairy Category. Has export expertise in multiple categories
JOHN DAY
CORPORATE STRATEGY
Experienced in property and infrastructure acquisitions and development. Was primarily responsible for the successful AHF farm purchase strategy and transition from conventional to organic farms
NATHAN LEMAN
PROPERTY AND INFRASTRUCTURE
Over 40 years retail experience at Board and senior management team level both locally and internationally, a pioneer in Shopper Marketing and a passionate retail practitioner
PETER HUSKINS
MARKETING
