Oil price and Oil&Gas investment is 1 factor for MRM shareprice raise, but beside of that, is there anything could positive/negative affect on MRM?
With the fighting with Halom settling now, Chair of BOD will be replaced with new guy, new connection, etc. New ship cannot be built overnight, so when demand is high, MRM can dictate their price, especially when their ships are new and specialized.
We also can look at new market of offshore wind farm, undersea electricity cable, etc too.
MRM may be ready to be on the way back to $1.
I will hold my gun powder dry until new chair confirmed and checking his history.
I think Webber may have to go too, but not now, he will resign when it is appropriate to save his face (and all the LTI he has).
MRM Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held