MRM 0.00% 33.0¢ mma offshore limited

I'm not 100 percent across the asx200 rules but I think...

  1. 896 Posts.
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    I'm not 100 percent across the asx200 rules but I think comparison to A2M is not quite true.

    A2M is pretty hyped up compared to fundamentals. In real terms it's a small company. The IPO was at .42 I recall. Not sure how sustainable the part of the business model that drives much of the hype is... Ie Chinese Uni students buying formula at Coles and Wollies and re packing and sending to China.

    MRM is a giant company (compared to the real value of A2M) in real terms.

    None the less it's too early to talk about the 200 yet. But... If it keeps going up the way it is SP could go back towards fundamentals pretty fast.

    Need to bear in mind current MRm share price is only about 3 years cash dividend receipts (in more normal market conditions) ...

    All IMO.
    Last edited by Austinhealeysprite: 27/04/16
 
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