MRM 0.00% 33.0¢ mma offshore limited

I think the negative revenue news will keep coming. Average...

  1. 896 Posts.
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    I think the negative revenue news will keep coming. Average revenue due to drop off in day rates alone I would expect to continue to decrease.

    Maybe keeping the price at 30 is just keeping the other sharks away as so to get control. If tho a CR happens in the future the value of a current stock will be so much lower. The from Cardno $3+ to today 60 cents is a good example (last CR was at 0.40) ...

    This remains a very risky stock. Its a good company in many ways but talk about being in troubled waters.
 
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