Open Country Dairy chairman's view of Olam's short-selling crisis

Open Country Dairy chairman Laurie Margrain says he is not worried enough by Olam's short-selling crisis to seek assurances from its shareholder.

Renowned American short-seller Carson Block reportedly said on Monday that Olam – the Singaporean-based commodities giant listed on the New York and Singapore stock exchanges – was heavily indebted and aggressive in its financial reporting of so-called biological gains on investments.

 

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