MRM 0.00% 33.0¢ mma offshore limited

Ann: Change in substantial holding, page-4

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  1. 25 Posts.
    Mr Kum has been at the helm of this company before.
    He knows how to fix it and i would rather bet that he retakes control and reaches an agreement with lenders, rather than buy shares in this company.
    The alternate is a less leveraged offshore owner comes in and undercuts the contracts that presently underpin the niche business the company holds. No one would get anything then.
    There seems to be a few soft debt sales going on as the lenders look to cover themself first rather than face the music of a firesale.
    I am looking out for signs of where this may be happening as i see that side of the coin as a better investment - hence interest here.
 
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Currently unlisted public company.

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