real value only comes after the board that drove this to where it is now is GONE and not employed in any capacity. Sentiment is driving this in a big way and I can only see change in sentiment with a change in Board of Directors and change in some business strategy because one that has severely impacted Dairy farmers is akin to chopping the hand off that feeds you.
Time to come clean with a new look because a veiled attempt at trying to fix and patch up a business model that has potential to hurt it's own suppliers should never be afforded to MGC again. This will not capitulate IMO but my 80c buy in order will more likely become a 60c buy in order if ever.
Broker projections taken at 50% of their values is closer to spot on the way things are now............how much more is yet to be revealed
ASIC and mates have their work cut out for them...............time is on my side as a potential investor but feel sorry for farmers where time is not in their favour
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