So with an aggressively falling share price I wanted to go back and reanalyse MRM.
In their latest announcement they mentioned the following:
MMA has earmarked a number of vessels for sale as part of its fleet optimisation programme, however, concluding sales in the current market is proving difficult. To date, sales agreements have been signed on two barges and we are continuing to negotiate sales contracts on further vessels.
I know this is a bit of a vague questions, but I was just wondering in what sort of price range would these "two barges" sell for?
MRM Price at posting:
56.5¢ Sentiment: Hold Disclosure: Held
