Roger Montgomery gave MIO a big plug in the latest Eureka Report:
"A key driver of profitability for MIO is the level of utilisation of its fleet of vessels, and in this regard, the foreseeable future looks bright, due to an apparent mismatch between the likely level of demand and the available capacity in the global offshore vessel fleet (OSVs)."
Read more at EurekaReport: http://www.eurekareport.com.au/article/2012/9/18/value-investing/buoyant-prospects-energy#ixzz26xoXQAEM
MIO Price at posting:
$2.24 Sentiment: Buy Disclosure: Held
