MRG 0.00% 24.5¢ murray river organics group limited

It appears they are finally getting to the botttom of the mess...

  1. 505 Posts.
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    It appears they are finally getting to the botttom of the mess left by previous mgnt and that unfortunately includes hagger.

    The good thing is they have great assets this includes both land and the recently upgraded processing and packaging plants.

    Previous mgnt seem to have lacked the simple ability to mange cashflow and add up!

    Good thing is they have great assets now they just need to manage expense and revenue better and right size company for the assets and turnover

    They finally have right mgnt , board and strategy

    The sector they operate in still has huge growth potential.

    They will just need to reduce debt and have capital to invest in the farm assets.

    The size of the raising and discount offered for new shares will be the big question.
 
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Currently unlisted public company.

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