MRG
Click for more information
0.00% 24.5¢ murray river organics group limited

The loss was (say) $5m more than (management) expected. They...

  1. merkle27
    77 Posts.
    lightbulb Created with Sketch. 7
    clock Created with Sketch.
    12/12/19
    10:30
    Post #: 41927603
    The loss was (say) $5m more than (management) expected. They need $1.3m for Arrow. So $6.3m all up.

    They say they will be raising $20m - $13.7m more than the $6.3m

    Why do they need the extra? Are the bank lines still available?
    MRG Price at posting: 5.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Nine staff strike as Paris Olympic coverage begins
right-arrow Created with Sketch.
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
right-arrow Created with Sketch.
DEG De Grey sees more production at Hemi with latest drilling at Crow, Aquila
right-arrow Created with Sketch.
IDA Indiana Resources to win US$90M from Tanzania following international lawsuit
right-arrow Created with Sketch.
ABY Adore Beauty appoints former David Jones exec as new CEO
right-arrow Created with Sketch.
MIN MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned
right-arrow Created with Sketch.
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.