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Small Business Finance: A Case Study of Two Australian Firms Recently Listed in the Australian Stock Exchange - Essay Example
Finance & Accounting
Pages 4 (1004 words)
Small Business Finance: A Case Study of Two Australian Firms Recently Listed in the Australian Stock Exchange You name, 220078861 AFM422, Small Business Finance Length: 1,138 words Dr. Michelle Goyen October 3th, 2011 Small Business Finance: A Case Study of Bega Cheese Company and Cradle Resources Company Limited According to the Bega Cheese company website, Bega Cheese Company was formed in 1899…
The value-added cheese is packed in slices and distributed to retail shops. According to Australian Stock Exchange, Bega cheese limited was listed in the Australian Stock Exchange on August 19, 2011. Cradle Resources Company Limited, on the other hand, is an Australian company dealing with mineral drilling and exploitation as Australian Stock exchange website states. The Cradle Resource Company website states that the Company also deals with exploitation and development of economic minerals. It was officially listed in the Australian Stock Exchange on September 16, 2011 according to the Australian Stock Exchange website. The Bega Cheese Company website provides a brief history of the company. The Bega is wholly owned by dairy farmers in North Bega, Australia. Bega was a cooperative society until its listing in the Australian Stock Exchange. It was headed by a chief Executive officer who reported directly to the farmers. The company seeks to add finance in order to get more money to invest in the market. Bega Foods has secured many contracts since its listing in Australian stock exchange. For example, the company was awarded a contract on 7th September 2011 to supply the Coles’ brand of cheese. ...
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