The outlook was not glowing was it . Currently sitting on a heap of boats who no one wants - not a lot of cash but a lot of debt. You may be correct Invest there may be some short term upside but this relys on factors outside of MMA's direct control. ie selling ships - upturn in oil, getting great financing etc etc. Depends on how much risk we want to hold.
Ann: 2016 Results Investor Presentation-MRM.AX, page-10
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