I think we are all aware, that the company is now in a serious fight for its life, but at this point, I don't believe it is due to bad management or lack of product demand. MRG is facing unprecedented weather conditions and broken water management by all levels of government, so we will need some luck, like many other businesses across eastern Australia. Today the company management is trying to continue building it's relationship with 3rd party growers and planing for the future in years to come. Some people will have variable views on this, but at lease they are trying to show leadership and a plan to increase fruit for there growing markets.
MRG Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held