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0.00% 24.5¢ murray river organics group limited

Commentary from Cyan Investment Management in their latest...

  1. Mkr
    4,652 Posts.
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    16/01/19
    07:46
    Post #: 37126729
    Commentary from Cyan Investment Management in their latest monthly report


    Murray River Organics (MRG -16%) produces organic fruits and nuts with 13 properties in the Sunraysia region of Victoria and processing and packaging facilities in Melbourne. The Fund subscribed to a capital raising priced at significant discount to the net tangible value of the business. We believe as the new management begins to leverage the existing $68m in sales, significant value in the business will be unlocked.
    MRG Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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