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
MRG Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
