MRG 0.00% 24.5¢ murray river organics group limited

I think the spec buy is a fair assessment for the moment, there...

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    I think the spec buy is a fair assessment for the moment, there are still a lot of unknowns and a lot that still needs to be taken on faith.


    With respect to the upcoming results I would not have too high an expectation for the numbers themselves as the turnaround will take time, however, we should start to get a real sense of what the business can/will look like with an 18 month view and maybe move a good way to removing the spec from the buy rating.  Just a reminder the company guidance for FY 19 is for a $2.8 to $3.2 million EBITDA loss ...... if hit that would represent and $11 million improvement in EBITDA.

 
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