MRM
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0.00% 33.0¢ mma offshore limited

I not a holder but I think the sector is an extremely...

  1. croasian
    2,211 Posts.
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    08/05/18
    06:27
    Post #: 32942506
    I not a holder but I think the sector is an extremely interesting one at this juncture.

    If a company has low debt and makes cashflow (while paying people to lease vessels by not covering depreciation) it will be in a good position when the sector rebounds.

    The shares have been diluted quite a lot, last I checked still a lot of debt. Just not the best play on the theme IMO.
    Last edited by croasian: 08/05/18
    MRM Price at posting: 23.5¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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