Australian Dairy Nutritionals Strengthens Cash Position

Australian Dairy Nutritionals Group (AU:AHF) has released an update.

Australian Dairy Nutritionals Group reported on their recent activities, highlighting dairy farming and manufacturing costs, with significant events including the sale of Brucknell South Farm for $7.01 million and the drawdown of $1.53 million from their Gippsreal loan. Following the facility repayment, their cash holdings will stand at $5.51 million, aiding in ongoing business sustainability. Additionally, the quarter saw payments of $56,000 to company directors.

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