The beleaguered company has offloaded its meat division and is now courting proposals relating to its core dairy business in a bid to stay viable.
Shares in the South Australian dairy company have been suspended since July 1, with the company trying to find a solution to its mounting debt woes.
The company’s most recent quarterly for the March period had the company’s debt load at $69.1m, with Beston having never turned a profit since listing in 2015.
On Friday the company said it…
