have you seen me holding through BOL volatility? haha...
MRM is solid, zero debt now and should see some shareholder returns finally. As soon as market catches on that the cycle is longer we should see a 2x NTA. problem is NTA keeps moving higher....its at $1.4 now...so saying 2x that is $2.8
I think I will be conservative. take maybe half at 2.3 and then trim on the way up. and leave maybe 5-10% of the original position to chase the top.
MRM has moved way harder than the US names like valaris, so might recycle capital into there
have you seen me holding through BOL volatility? haha...MRM is...
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Last
$2.70 |
Change
0.050(1.89%) |
Mkt cap ! $1.019B | |||
| Open | High | Low | Value | Volume |
| $2.65 | $2.70 | $2.65 | $7.951M | 2.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 228048 | $2.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.71 | 19327 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$2.68 |
Change
0.050 ( 1.50 %) |
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| Open | High | Low | Volume | ||
| $2.65 | $2.70 | $2.65 | 377036 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| MRM (ASX) Chart |