Australia's largest stock trading and investment forum Australia's #1 stock forum

MRM

Click for more information

0.00%

33.0¢ mma offshore limited

It's definitely interesting times... shorts are loading up...

First 448 Last

Share
Profile

Follow
ckchristian

1,759 Posts.

204

17/06/16

14:23

Post #: 18057874
Share

Originally posted by Austinhealeysprite ↑

Hi Bystander.

My thoughts are same as yours and that is that it's not time to buy in yet.

I was studying another competitors disclosure recently and they cited a job they were tendering for in SE Asia.

For this 1 job for 1 asset, there were 10 competitor firms, tendering a total of 14 assets.... This kind of example shows the intense competition and shows why assets are still going into stack (storage) as contracts roll off faster than they roll on.

Expand

It's definitely interesting times... shorts are loading up again...

I feel it can go anywhere from here though. Hopefully an announcement that covenant issues have been sorted and details about ongoing capital comes out soon.

MRM Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ENV

Anteris Tech eyes US market liquidity with early-stage NASDAQ IPO paperwork

There are more pages in this discussion • 60 more messages in this thread...

First 448 Last

Add MRM (ASX) to my watchlist

SPONSORED BY