MGC 0.00% 43.0¢ mg unit trust

Worse Is Yet To Come?, page-1319

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    MG also confirmed Deutsche Bank had "received a number of confidential unsolicited indicative proposals from third parties".
    "The board has requested Deutsche Bank to seek more detailed proposals from these and other relevant parties, so as to enable MG to assess the merits of any proposals," the company said in its statement to the ASX.
    MG would only consider proposals that included paying a higher milk price and increasing access to capital.
    Mr Mervis said he recognised MG was still behind its competitors and an enormous amount of work needed to be done.

    I am amazed at how forthcoming MG is with its current position they seem to be communicating that going back to what was before is not an option for their farmers . The webinar is also very telling especially the questions
 
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