MRM 0.00% 33.0¢ mma offshore limited

Interesting these guys continuing to accumulate. My thoughts: -...

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  1. 896 Posts.
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    Interesting these guys continuing to accumulate.

    My thoughts:

    - Seems Black Crane want a seat on the table when the shakeup comes.
    - The current price or thereabouts seems to be the floor for now.
    - Might be another large accumulator at work here too hence the floor price.
    - If no one was accumulating the share price IMO could be in freefall mode.

    Difference between the big accumulators and say us retail shareholders is that they will have the weight to steer this ship when the time comes.

    I think the question for us as retail holders is if we think our interests and their interests are aligned, there are a lot of unknowns at the moment.
 
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