Bega is way overvalued for what it is and represents a bit like WCB was at the time . Even in its distressed state MG is worth more than Bega and WCB was at the time . Question is who is prepared to take on the opportunity that MG currently is and could be . Deep pockets long term thinking and what will they offer and how will it be offered to get back the lost milk ready for the start of the next season . You do not buy something like MG not to grow it
MGC Price at posting:
77.3¢ Sentiment: None Disclosure: Held