MRM 0.00% 33.0¢ mma offshore limited

Thank you Peartart , and good to hear from you also . Great...

  1. 443 Posts.
    Thank you Peartart , and good to hear from you also . Great posting , you picked up on a few things I missed . The company is far from going bust , the assets far outweigh debts , there are many levers to pull before anything like that happens . Things are slow now because we are entering reporting season and Brokers are clearing their books , as they have taxes commissions ect to pay at EFY . Also it is memorial day in the US , and a long weekend coming up , brokers will short on Fridays anyway . In as much as this will be a slow process , o.p will rise as debt builds , and more and more oil comes out of the market . That is the conservative side , however there is deeper more 'crazy ' side as well , this is also a conflict between Saudi Arabia and Iran . But everyone needs the money , and eventually the money always wins ....Cheers Mermaids
 
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Currently unlisted public company.

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