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24.5¢ murray river organics group limited

Mining Doctor why do you care so much? What have they done to...

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Jackclouding

27 Posts.

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09/05/18

17:31

Post #: 32989579
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Originally posted by Miningdoctor ↑

The only small differences are (1) Bellamys has brand, MRG does not (2) the world has no shortage or organic sultanas. (3) BAL problems were due to the poorly structured contracts their CEO entered which temporary squeezed them. (4) MRG problems include a balance sheet in flames, poor operational track record, a shady link to the former CEO/COO who almost imploded the bizz and bad acquisitions. The only positibe aspect of this business is the word 'organic' (5) BAL is about consumer trends while MRG is just a farming bizz. Nothing else. (6) Billionaries argument? Welll there was a company founded by Australiians most prominent billionaires who became one of the country"'s most ridiculous corporate disasters.. can any one tell? Their investments in MRG are rounding erros for them.. (7) no credible insto would touch this company just the fellas who got onboard too early and now keep averaging down. Its $40mmkt cap so out of any mandate for small caps. BAL still had a descent market cap at its lows hence the ability to attract instos. Apart from that, yes the stories are similar. You see light, iI see smoke.

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Mining Doctor why do you care so much? What have they done to you? you obviously have a personal vendetta against the founders and are using this forum as a medium. Hero!!! This is my view and I am sticking to it! Suggest you grind you axe somewhere else!

MRG Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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Mining Doctor why do you care so much? What have they done to...

Top Stories

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

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