MRM mma offshore limited

Capital utilisation is very important,debt free ,$185 million on...

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    Capital utilisation is very important,debt free ,$185 million on tap if needed,they maybe in talks to acquire more vessels opportunistically ,(l like that) new builds take 24 to 38 months depending on the vessel that’s why the board can’t put a number on a discretionary divvy in the next 2 quarters ,plus interesting question from Barren Joey,how many aged or unsuitable vessels get retired each year in the industry as a whole 25 to 30 units ,that may or may not be replaced?That helps extend our forward contract book fill.imo Remember guys for every share that was sold there today or any other day was a new buyer at the other end.DYOR please
 
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