MGC 0.00% 43.0¢ mg unit trust

Again its not about the shares in one sense but at a certain...

  1. 565 Posts.
    lightbulb Created with Sketch. 2
    Again its not about the shares in one sense but at a certain price it will become a real factor but below $4.00 like it or not its all about ownership and milk price . And the argument of what is a fair business value and in what sense do you subscribe that value capital and business value or for farmers milk price value gets murky. Just remember Koroit alone has twice the processing capacity as WCB alone from memory . So with the decline in the volume of the southern milk pool and all the continued over capacity of new stainless being built and more comes on line next year why would you buy MG it should be scraped to get back into some kind of balance
 
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.