What happens if all the current 1.3 million Kg’s are fully subscribed?
The Trust is an open ended Trust. This means there is no limit to how the Trust assets can grow.
The existing herd comprises of approximately 300 heifer calves to date, 700 weaner heifers and 250 yearling heifers. The natural organic weight growth of this young breeding stock together with the annual calving from these heifers and existing breeding cows increases the overall herd weight and hence kg’s available to be ceded to the Trust.
In addition, each new business seeking to grow their cattle breeding operations will cede all or part ownership of their herd to the Trust depending on their capital requirements. This increases available Kg’s in the Trust for investment.
Therefore, further Kg’s of live cattle available for investment will be determined by the the appetite for development and the requirements for capital deployment.