MGC
Click for more information
0.00% 43.0¢ mg unit trust

Drowning In Debt..., page-24

  1. usc75
    7,026 Posts.
    lightbulb Created with Sketch. 181
    clock Created with Sketch.
    10/05/16
    16:42
    Post #: 17726687
    2015-16 FY: MG's Farm Gate Price = massively over-paid farmers for 10 months; last 2 months, because of Price re-balancing, will receive very little.

    2016-17 FY: At least one reputable Dairy Analysts predicts A$4.60 Farm Gate Price (season starting), representing a massive drop again.

    When this sinks in, IMO expect further SP falls...

    DYOR
    MGC Price at posting: $1.10 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now
right-arrow Created with Sketch.
NEWS 29Metals greenlit to release more water from flooded Capricorn mine this wet season
right-arrow Created with Sketch.
RMX Red Mountain Mining (ASX:RMX) announces Bonanza Grade Gold Results at Flicka Lake
right-arrow Created with Sketch.
NEWS RBA holds rates as ALP election campaigning kicks off – expect more political focus
right-arrow Created with Sketch.
NEWS Westpac records 3% fall in net profit for FY24
right-arrow Created with Sketch.
NEWS PYC Therapeutics moves into final stage of child blindness study
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MGC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.