MRM 0.00% 33.0¢ mma offshore limited

MMA Privilege Sea Trials Video, page-21

  1. 1,759 Posts.
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    I'm unsure what his plan is with MRM but it would seem that he's happy with accumulating at these prices. Next week during the full year results capitulation of the SP I'm sure he will trigger 20% but then what??... Is it worth jumping on board in the hope of a takeover then?? IMO there will be a significant sell off next week but I'm also surprised there hasn't been a lot more shorting this past week and will be looking out next week. I would put this down to the inability to work out exactly what his intentions are...

    It really is a tricky situation but the one thing that is certain IMO is the need for some capital. The last Announcement pretty much sums up the hard times to come for MRM.

    GLAH
 
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