Chart has short term potential, page-462

Hi Saci.

What was the nitty gritty behind the UBS price at 63 cents?

Might be a wise idea to take a look again at Morgan's November 15 note where they set target at 19 cents.

https://my1.morgans.com.au/r.cfm/617FAD87-EC37-4E64-8CEE-776037004467

Today we are deal with a market where 10 competitors are bidding for 1 job. That might create some cut throat outcomes? Worse than Nov 15?

Many competitor companies have negotiated sea crew wage reductions of around 15 percent, eg Gulfmark Offshore. Has MRM negotiated any pay reductions with the Maritime Sevices Union in Aus or with international crew?

Any insights on the upcoming asset impairment numbers?