MRM 0.00% 33.0¢ mma offshore limited

Everyone should be here to make a bit of money. I've posted I...

  1. 676 Posts.
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    Everyone should be here to make a bit of money.
    I've posted I appreciated AHS and Brumby clearly stating their downside warnings, and I also appreciate the role of posters who are happy to talk up the positives of any company. It is hard enough to get a business going in Australia, so I'm all in favour of any supporters.

    MMA has an enormous opportunity if it can hold on through the down side. Debt obviously the risk.
    Be clear, this stock will have the highest returns over 12 months if it makes it through. It is exquisitely leveraged to pick up in the oil services market, which we can see is coming.
    Just can it hold on long enough. A real gambler's stock, even though from what I can see the management is pretty upstanding and hates being in this touch and go position.

    Am I buying back in?
    The turning day will almost certainly see 10%+ appreciation, so picking the bottom is rewarded. Not just yet.
 
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Currently unlisted public company.

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