MRM
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0.00% $2.69 mma offshore limited

Not happy with it. It is the minimum acceptable price in March....

  1. pilch
    246 Posts.
    lightbulb Created with Sketch. 59
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    26/03/24
    22:20
    Post #: 73072611
    Not happy with it. It is the minimum acceptable price in March. As demonstrated above fair value now is 3.09-4.64 on the basis of previous cycles.
    As you indicate, this wont be a normal upswing, due to several factors, but most of all the lack of new build, so vessels will earn more and have a longer working life.
    Moth by month the value of the business rises meaningfully...
    Last edited by pilch: 26/03/24
    MRM Price at posting: $2.61 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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