MRM 0.00% 33.0¢ mma offshore limited

its perhaps a little more servere that previous booms/busts...

  1. 3,607 Posts.
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    its perhaps a little more servere that previous booms/busts (imho) ......

    the company has said they are looking at appeasing their bankers ........

    there are now 2 large shareholders.......so if there were to be some sort of cap raise - it could easily be underwritten by same .........

    the Board would then walk the plank .......

    oil price will eventually recover to a level that encourages oil co's to explore and then spend some money on new developments ......

    MRM will then make some money.......

    be patient !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    rgds
    Value_Hunter
 
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Currently unlisted public company.

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