Ann: 2017 Half Year Results Investor Presentation, page-45

Have a read of this for a few minutes....

http://www.mmaoffshore.com/images/mma---eeciesisei.pdf

These guys sold their crown jewel just on 28 Feb.  

The alternative to not selling would have been receivership.  

The Dampier Supply Base was strategic asset built years ago by men of vision.  

The people that control MRM today have no vision. These baboons brought JAYA at the top of the market fuelled only by their own egos, greed and incentives.  

Sesh from JAYA was an honest vendor and knew the risks of the industry, and that is why they sold.  The fools at MMA that brought it are still been headed by a baboon paid around $1m a year....

This company is a disgrace.  Selling the supply base to avoid an 11.5 hour receivership, not good.  

The receivers could have done a better deal!!!!