MRM 0.00% 33.0¢ mma offshore limited

Yep, the financial results and sale of the supply bases were the...

  1. 205 Posts.
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    Yep, the financial results and sale of the supply bases were the final catalyst for me. Having worked with MRM for many years I held on too long ...........denying the inevitable. The truth is , despite having brand new boats, nobody wants to buy OSV's ..........they are practically worthless. MRM has sold it's only valuable asset in my view. TDW and GLF make depressing reading and are the canary in the coal mine for MRM shareholders. If you are lucky you might get a highly dilutive cap raise ( can't see much support for that though ) and the company may soldier on but most likely scenario is complete capitulation and bankruptcy.
 
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Currently unlisted public company.

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