MRM 0.00% 33.0¢ mma offshore limited

MMA Privilege Sea Trials Video, page-18

  1. 896 Posts.
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    I agree that the company would be attractive around its current price if it can stay in business in an unchanged manner. Simple fact is the matter is it can't.
    Business fundamentals are terrible. And they will get worse.
    At the moment all that is holding up its share price is the increasing position of a single investor. I suspect a Cardno like situation after the control is built up. What did Cresent bid for Cardno? Were Cresent bidding $3.25 ( sorry if I was wrong the their bid was a different price) less than 12 months ago for a stock that is now about 60 cents?
 
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Currently unlisted public company.

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