MRG 0.00% 24.5¢ murray river organics group limited

well if Cannacord are willing to spend 25mill, that tells me...

  1. 8,023 Posts.
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    well if Cannacord are willing to spend 25mill, that tells me that they like the future of the co and are willing to trust the management team. easy hold and guarenteed money if patient. they are trying to soak up every little share patiently IMHO.

    I will keep accumulating if this drops down further, as this will be a high conviction medium term hold of mine.

    "significant progress was made, including a 17 per cent reduction in operating costs and an improvement in EBITDA-S of $10.7 million for the 2019 financial year,"

    forecasting positive cash flow
    Last edited by dazatoN: 05/03/20
 
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