This is the bottom! Suggest they will raise cash soon but also...

This is the bottom!

Suggest they will raise cash soon but also suggest we won’t get any, will go straight to the institutions, and the stock will bounce, so now is good as any time.

2 Billionaires on the register, actually the biggest and second biggest - 1x Chinese 1x Pratt’s. Never will have a problem raising capital.

Tony Reeves (consukting Cfo)is a turnaround gun

Val Tripp has a very impressive turnaround resume, has the skills to please all stakeholders. Has started to make substantial changes already.

A very good board now-
Andrew Monk - Chair of the ACO
Keith Mentiplay - Operations improvement experts
Steven Si - smart operator and is everything China
Alan Fisher - Asx experience, a thorney man and very smart numbers guy
Porter - Asx, agri background

Nothing to write off, can’t get worse.

Vineyards are very young and will only produce more and more over time, with the right team in place. Factory is also very new, will only get cheaper to run and more productive.

Valuation of agri realestate are sky rocketing (circa 50-%) and Mrg has a lot of it on there balance sheet, will see this in the annual report.

In a global growth sector - Organic growth is 3 times conventional food. Super markets can’t get enough.
Organic raisins prices increasing substantially, 20% higher this year already.

They have a fantastic platform to grow over time. Just need to make it work.

Remember Bellemys 12 months ago!