MRM 0.00% 33.0¢ mma offshore limited

All we know is that the sharks are smelling the blood in the...

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    All we know is that the sharks are smelling the blood in the water. It is a fair bet there is a lot more blood to come when we see the annual report.

    Maybe buying in the late 20's is keeping some other sharks away.

    My bet is best approach for MRM is for a private investor to buy a fair chunk of it, de-list it, and re list in say 2020 when the demand cycle has returned and overcapacity in the OSV has literally rusted away. That may well be Mr Kum's plan.
 
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Currently unlisted public company.

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