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33.0¢ mma offshore limited

I have not at this stage got an opinion about this guy one way...

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Austinhealeysprite

896 Posts.

6

21/06/16

17:02

Post #: 18086010
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Originally posted by Brumbypat ↑

Just another sucker trying to average down IMO.d

Look at his buy history, he has just been chasing his tail on the way down and like many of us got suckered in on the way back up too.

He's just got deeper pockets and now finds himself a substantial holder (of a shovel, in a hole that he cant dig out of in a hurry).

Know the feeling all too well with this company...

I think if you wanted to buy in or top up or average down, you would be better to wait for the next report. I really think it will get a shellacking once the assets are impaired.

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I have not at this stage got an opinion about this guy one way or the other.

He does have quite a few shares on the one hand, but as Brumby says he is perhaps just a substantial shareholder with a shovel in a deep deep hole, sometimes a come back into an industry once left is not a good idea.

Further research required.....

MRM Price at posting: 30.5¢ Sentiment: Sell Disclosure: Held
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