Time to off-load this Mermaid, page-49

I recently missed out on LifeHealth Care. Placed an order for $1.71 when it was around $1.75, then got close to $1.73. Then the bloody annual report was released and there goes my potential 50% gain now.

There are many other examples, some I am not too painful about since I wasn't too sure.

Then there are those I bought and within a couple weeks it goes down 50%.

So lessons from those, MRM is one of those to back the truck up at these prices.

Sure it could go lower; possibly it might need a cap raising in H2 next year if it doesn't win any new contract. But as pointed out before, even if it does need a cap raising, it's still a bargain.

Disclaimers and all that to note... but yea, I loaded up twice two weeks ago; and if it get a lot more interesting, might offload one or two other holdings to consolidate into this baby.

Will try to put a proper rationale together later... else it seem like it's all guesswork when it's slightly a bit better than that