MRM 0.00% 33.0¢ mma offshore limited

no worries mate ! I rekon "time is most defintly" on our side:...

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  1. 3,607 Posts.
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    no worries mate !

    I rekon "time is most defintly" on our side:

    1. GFC - prop trusts got recapped ......you could have bought as many GPT's as one liked ........didn't move for 6-months
    2. AIO - ditto !!!!
    3. quite a few LIC's were trading well under cash ......took 12-18 months for the rebound !
    4. more recently, cap raises for the large E&p - you could have bought sto under the issue (b/c it went to hedgies who knocked it out for a small profit, ditto ORG)......

    we know there wont be a quick turnaround in profitability ......

    I most defintly understand the attraction .......i'm using "bug-off" so that I don't get burnt (my 2nd funny today .....lol).

    unless major shareholder chges the Board, and then sells jaya for > 300m ......I don't rekon the stock will run away.......low probability of that occurring ......ditto sale of very large number of boats inside of 3-months ......

    rgds
    Value_Hunter
 
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