Let's not get personal mate, we don't know each other that well.
Who could ever "know" which way any business will go? Tell me that person and I'll give them all my money.
Unless MRM's management is lying, it seems that bankers are saying that they won't bug MRM again after the coming payment.
That's anyone who can read knowing what the bank is saying, right?
Anyway, MRM could go the way of any business... it depends on how the oilers want to manipulate the oil prices. Can't predict that.
But to buy into a business that is not going to go broke, buying at a massive discount on book value. Even if MRM goes under, the next time I see this kind of opportunity again, I'll do the same thing.
MRM Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
