Risk is possible with all investments. Take Virgin Australia for example. Did you are anyone else forsee the pandemic coming. The whole stockmarket is about risk and reward. It is relevant to note that Medusa has been around since 2003 I believe. It has continued operating and producing for all those years since. The issue of an insider buying is very important as opposed to an outsider looking in. They are aware of the companies potential and also what happens in the boardroom. The history of incidents you refer to is relevant to some degree. But it must also be added that Medusa has continued to improve its safety operations. This incident is current and will turn on its own set of facts - as sad as it is for everyone .....it has to be established if it was contractor error, the responsibility of the contract holder or Medusa. As for Red you need to compare likes to likes. In my view medusa stands on its own. It is a different public company as opposed to Red. DYOR.
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