MRM 0.00% 33.0¢ mma offshore limited

Danger, yes - I do take your point....... and yes - it is...

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. 3,607 Posts.
    lightbulb Created with Sketch. 80
    Danger,

    yes - I do take your point.......

    and yes - it is trading at a deep discount to NAV .......

    but - it wont generate enough cash to pay interest bill........

    so asset sales will continue.......

    and "if" one of the syndicate banks were to sell some of the debt to a 3rd party ..........then it could still be forced to restructure ......

    as I said - high risk, and one of two things will happen .......

    rgds
    V_H
 
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.