Thanks for that. I think there will be more re-ratings of MMA next 2 weeks as the news of its performance for the first half of 2010 on top of its great results at YE 2009 in spite of the GFC, profit downgrades by other marine service companies in the sector (NMS, PMS) etc sink in- IMHO a quality company that repeatedly goes about doing its business well and delivering what it says it will.
Kind of weird about the SP though- will never understand the large downward fluctuations on good news, for now just waiting for my DIV cheque- SP will sort itself out after the silly season as always I suspect.
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Thanks for that. I think there will be more re-ratings of MMA...
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