MRG 0.00% 24.5¢ murray river organics group limited

Ann: MRG reaches agreement with NAB, page-13

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  1. 67 Posts.
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    Mmm, ok I still haven’t heard anything from them nor the 50 shareholders that I know! I assume Thorney has said yes along with Qld financial planner that owns more then 20%. Even so, what will there new strategy be? They just have one, hemp, nope, a partner for nangiloc that is a $100million 7 year project, a bit of everything???? Essentially, management, the advisors and the board are trying to keep the gravy train alive, Keep there jobs and milk it again! Love to have some more Information????

    FYI - Before the last raise at 10cents, the board had an offer in the mid 20cents. I know this for a fact, and they decided to ignore it and raise at 10cents, somehow clinging to it is in the best interest of the shareholders! Surely someone needs to be accountable for making such a terrible discussion not to accept the offer??

    Further, I spoke to my dad, he says most of the crop has been burnt badly because they didn’t water at the right point, and now are pouring the water on after it is too late!

 
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