MSV 1.10% 45.0¢ mitchell services limited

Agree. MSV had me hooked when they sold those two old rigs for a...

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    Agree. MSV had me hooked when they sold those two old rigs for a hefty sum and had the pre purchase in for the new rigs. It’s normal to be “scared” of microcaps with the potential to lose a substantial % of your funds, but the metrics for MSV are all going in the right direction. When the CEO ? Was asked in what direction MSV was going… buy back, reduce debt, pay divvies or buy more machinery ? He replied…. It depends…. We can do any of those depending on the situation! Having options is great….it’s when you have no options, that you are effectively finished !
    MSV SH also have options.. and IMHO, that’s good, especially now that dividends are on the table, not necessarily guaranteed, but an option !
 
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