MRM 0.00% 33.0¢ mma offshore limited

Over last few weeks speculation has arisen the Mermaid may do a...

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    Over last few weeks speculation has arisen the Mermaid may do a capital raising to shore up it's balance sheet and satisfy the banks

    Currently the company share price is 30 cents odd. If company raises 30 million dollars - it would add another 100 million shares onto registry.

    Thoughts from forum?
 
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Currently unlisted public company.

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