Ann: Trading Update, page-3

Annualised and we're almost double fy23 EBITDA.

hopefully we see a big rerate like the international offshore names. Day rates continue to be strong, still targeting a 2x NTA valuation ~$2.6 a share

if they paid out their current franking balance it's 12c a share, which is 9-10% div yield which surely needs to rerate the SP. MRM has enough to please both traditional investors and also those with esg constraints so I imagine the SP will continue to move higher