Ann: 2024 Half Year Results Investor Presentation, page-31

Not everyone has zara1950 although the temptation was there,sell the lot and buy late in the day,bagging .28 cents extra in the trade ,but the taxman’s grab didn’t sit well with the green eyed little greedy man within,which to me would be normal trend for MRM,l call it pop and retreat,there will be more opportunities for that strategy when MRM settles back to $2.15 ,-$2.25 range if so desired ,as someone wrote yesterday there’s possibly a lot more tiger in the tank for MRM holders,conditions remain good for this sector and MRM,was sold off yesterday but we’ve seen this trading behaviour pattern with MRM dozens of times before,water off a vessels back,hehe,yes a divvy would be nice,but to me it’s a growth stock until it’s not a ,0.10 cent divvy maybe ?
The question that was asked very late by Barren Joey,lead me to think around the “ sectors fleet retirement stats,ie 25 to 35 annually “ is the big decision to be made around vessel acquisition if any are on the cards,we don’t know,what fuels would these vessels use going forward ,what’s the industries preference for longevity,reliability,maintenance, efficiency,esg,costs looking 10-15 years and beyond.
Because as David eluded to yesterday was it’s a company cost consideration with relocating vessels to different regions ,MRM customers prepared to pick up the tab atm but when the tables turn could be a different attitude.
DYOR please