MRG 0.00% 24.5¢ murray river organics group limited

Ann: Harvest Update, page-6

  1. 89 Posts.
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    I like your approach farmer Paul I have been following these guys for a while...they have excellent assets but terribly managed. Can’t do farming with suit and tieI don’t think you can manage it any worse. I think now the board knows farming isn’t their strong point, they’re off to marketing and managing packaging. Soon or later to cover their debts they’ll have to sell most or all of these farms. How many more cr can they do? What’s the margins selling 3rd party harvest to supermarkets? How much value add can packaging alone have 3-4 max 5%I will surely be somewhere at the front of the line when they are selling!! In the meantime I remain an enthusiastic holder. Not worth selling at 97% loss
 
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