MRM 0.00% 33.0¢ mma offshore limited

Judging from the industry headwinds and the management...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 247 Posts.
    lightbulb Created with Sketch. 27
    Judging from the industry headwinds and the management capability, this is one of the worst investment decisions I made. 

    OSV to rig count simply too high.  Nothing is worse than throwing money at buying commodities equipment and hope to make a killing. 
    The whole industry is paying a heavy price for irrational capital allocation during boom time. 

    Made a mistake of buying something that has very upside and huge downside. 


 
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.