MRG 0.00% 24.5¢ murray river organics group limited

I haven't lost all hope for MRG and I'm certainly not going to...

  1. 292 Posts.
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    I haven't lost all hope for MRG and I'm certainly not going to sell out @ this price. I wish they'd hurry up and get their sh!t together though!

    Macro picture is good and I like the idea of vertical integration. Debt is certainly worrying - as is the fear of a forced cap-raise at a low SP. But they do have some good assets.

    It'll be a rocky next couple years - if they come through, all should be fine. That means parking $ for a while though - put it in the bottom drawer and have a look in 2020. Not what I had in mind when initially investing in it, but you gotta roll with the punches.
    Last edited by asparagii: 09/05/18
 
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Currently unlisted public company.

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