MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-292

  1. 1,759 Posts.
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    I do too. 20m+ shares were traded last few weeks with a VWAP of 45c. Very small amount of covering.

    So who is right? The shorters or the buyers of these shares?? Time will tell. I don't know. What I do know is the price of oil is trending upwards and too many factors show that the price has bottomed and the demand is exploding. Also, the E&D side of things really has only one way forward after such inactivity. I'm with Suzan on all this but appreciate the cautiousness.
 
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Currently unlisted public company.

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