MURRAY RIVER ORGANICS GROUP LIMITED (ASX:MRG) - Back to business, 36348624, page-5 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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24.5¢ murray river organics group limited

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mnahood

21 Posts.

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01/11/18

11:19

Post #: 36348624
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Originally posted by bhavdip143: ↑

Issue price only matters for the short term , just like any new IPO/raise ...IPO price and valuation is important for few months after listing .What will matter in a long term is how the company will conduct its business . Valentina Kaitlyn Tripp is a turn around specialist and she did it 3 times in the past .

FY18 MRG did 68 mil revenue which was up 41.3% from last year . So Revenue is not a problem what it needs is strong management and excellent turn around strategies which Ms Tripp already putting in place as we speak.

I took few in the short fall at 10c

GLTAH

DYOR

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MRG Price at posting: 31.0¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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