So Haoma investors will need to get used to the ins and outs of block-chain because PrimaryMarkets will be its home for the forseeable future.

At least Gary knows how to run a tight ship. As he told CBD on Monday, he managed fourth place in the Melbourne mayoral race despite spending just $2000 against rivals who had invested hundreds of thousands of dollars in the election.

"I think I did quite well, don't you?"

Rice pudding

With the dairy disaster of Murray Goulburn preparing to depart the ASX, SunRice boss Rob Gordon and his chairman Laurie Arthur obviously thinks it's safe to revisit the idea of an ASX float.

Back in 2016, the duo were at pains to deny that plans for an ASX listing were swamped by the unfolding disaster at Murray Goulburn - which had listed just the year before but was already heading for disaster.

What the two companies shared was a dual class share structure that ensures voting control remains with the farmers.

New investors in Murray Goulburn - and SunRice if it succeeds with an ASX listing - get to take a back seat and hope that their interests are sufficiently aligned with growers for the whole enterprise to work.

Back in 2016 Gordon labelled media reports which linked SunRice’s ASX aspirations as "quite unhelpful".

The two companies also shared a need to raise funds via the ASX for value-adding capital investments to help tackle overseas markets.

‘‘We have the lowest GI white rice in the world and we have the opportunity to take this rice to a lot of different nations in various forms and formats,’’ Gordon was telling the media on Monday.

That strategy didn’t end well for Murray Goulburn either, did it.

We get to find out in September - when SunRice holds its shareholder meeting - whether the company’s rice grower/investors block the latest bid to list on the ASX and raise up to $30 million in the process.

If it does succeed, CBD is looking forward to seeing the maiden shareholder notice from Gordon.

He’s not an actual rice grower, which means the SunRice CEO is currently prevented from owning any shares in the company he runs.

And it isn’t like Gordon doesn’t have the funds.

His remuneration at SunRice has topped $4.5 million over the last two years.

Aisle spill

Shares of Rob Murray's Metcash were smashed on Monday after the company announced the loss of a major supermarket customer in South Australia, Drakes, which wipes $270 million worth of sales from its wholesale grocery business, IGA.

Metcash shares - which had risen to a five-year high as of Friday thanks to an ill-timed upgrade from JP Morgan - plunged as much as 17 per cent on the news.

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The interesting bit is that CBD was informed in October last year that Drakes - which describes itself as the “largest independent grocery retailer in Australia” with a billion-dollar turnover - had removed IGA signage from its website and stores.

The clear inference was that they were about to hit the check out.

Drake did not respond to inquiries at the time, but seven months is a long time for this sort of market moving news to be floating out there.