MRG 0.00% 24.5¢ murray river organics group limited

Ann: Harvest Update and Revised Earnings Guidance, page-54

  1. 33,668 Posts.
    lightbulb Created with Sketch. 1786
    "On top of this, the NTA > $0.60"

    What a good way to lose money , by assuming a company with a share market value less than the NTA is value , that metric is a value trap for naive investors .
    A discounted market valuation for a company is an indication that investors assume forward earnings will be below expected return and if that eventuates a high potential for statutory right downs in value of assets .
    Credibility would be achieved if the Board did a review of management performance then announced what changes would be made .
 
watchlist Created with Sketch. Add MRG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.