Group chairman Mark Wynne encouraged farmers to read the new booklet that featured financial, operational and governance information to help them make an informed decision on the proposal.
An independent advisory report by Northington Partners also assessed the midpoint of Dawn Meats’ investment at $1.18 per share.
Wynne said the report was clear that alternative investment options were very limited.
“So the Northington Partners report is very black and white, that this is a good proposal for shareholders.
“It represents a 93% uplift on the midpoint share value for current Alliance, versus Alliance post-investment.
“So that’s good news, but they also look at the alternative and say if it is not a yes vote, that process looks pretty…