MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-478

  1. 896 Posts.
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    Quiet times at the moment....

    MRM are no doubt doing their year end, should be interesting discussions... I expect an impairment on assets as pre previous posts. Fingers crossed re the banks.

    At this time no new info from NYSE industry competitors. About a month away.

    None the less my hunches are an investment in MRM might work out if:

    - you have at least a 2019 or 2020 horizon
    - you are prepared to spend a bit of capital to help MRM between now and then. 30 cents a share injection from all holders would knock off over $100m of debt and with a few asset sales you might just make it to 2019 or 2020 and it could be a nice investment then.
 
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Currently unlisted public company.

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