MRG 0.00% 24.5¢ murray river organics group limited

Ann: Harvest Update and Revised Earnings Guidance, page-43

  1. 11,107 Posts.
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    Well - on the positive side - this is an ag co, if management are not up to the job, there are plenty of other experienced managers to take over the job. Also in ag variations can be quite unpredictable, and based on quite local factors in some cases. We had floods not long ago, and some areas would be worse effected than others. The value of the business on the stockmarket is probably far more impacted by short term issues than the value of the assets on the market. So I really see it as a great opp.

    However I'm fortunate to have bought today and have no sour grapes. Hope I'm not raisin anybodies expectations too high .

 
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