MRM 0.00% 33.0¢ mma offshore limited

Ann: Completion of Supply Base Sales, page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 896 Posts.
    lightbulb Created with Sketch. 6
    Hi Dang.

    The supply base at Dampier was a strategic asset.

    Supply bases, to make an anology to airlines, are like airports, all things operate from them. They differ to say a maintaince facility which is often located away from operational areas.

    In other words, it's like Qantas owning the entire Sydney airport. If Qantas owned Sydney airport it would have a competitive advantage.

    MRM built and owned Dampier supply base. MRM had a competitive advantage, by the vision of its founders it created the supply base. It no longer owns the base.

    MRMs own website is a good source of the history. It's worth researching the old stuff to see the vision. It's also worth looking at the 2014 Jaya deal to see where it all started to go wrong.
    Last edited by Austinhealeysprite: 23/06/17
 
watchlist Created with Sketch. Add MRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.