Chart has short term potential, page-15

Lots of feed in stuff into valuations .Why value hunter would love a looksee at what the recent banking stuff was about . I glean a bit that the banks want the gearing down even though the company states this type of gearing is standard for the industry .

Maybe something about ass-sett sales also have feed straight into coming off the debt ?

I imagine fuel cost would be big factor in this operation so while margins maybe lower they could be assisting also on some contracts?

Lots of little things tick boxes for different reasons for investors . You can in be lots of stocks having high share prices they never give you a return though in divdends its all about value of the assets book value nta etc etc Looks like we got alright there even if they are not going pay cash out as debt comes down these things rise to an extent .

As long as they dont have to fire sale things the banks will hopefully understand this also and allow breathing space as its in there interest also . I dont know how complicated the banking part is for mrm .Looks be only two so shouldnt be bad mix up where you get issues with debt all over the place through lots of different lenders and maturities .

Climbing the wall of worry is a good saying particularly if you can see it in the price easily and have other indicators matching . Im happy . Not over confident not in dis-pare though understand there is probably other holders at different levels and prices etc that maybe .

Your right about the technical as they work in time frames .