MRM
Click for more information
0.00% 33.0¢ mma offshore limited

$140 million impairment charge says it all, page-26

  1. croasian
    2,211 Posts.
    lightbulb Created with Sketch. 48
    clock Created with Sketch.
    01/08/16
    06:34
    Post #: 18412357
    These are good points you make for sure. They could see the writing on the wall for the LNG and decided they needed to diversify into Jaya - this decision may prove the end of MRM.
    However, if as some have said Jaya is making a large EBITDA loss then even if it could be sold for a $1 that would be the sort of trigger I am looking for.
    I am going where angels fear to tread - that's what I do all the time.
    MRM Price at posting: 29.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
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.