I missed this, catching up on news. Very colourfull event! Like...

I missed this, catching up on news. Very colourfull event!

Like V_H I agree with much of what has been written here re past mistakes, none the less can't undo them, only move on.

I learned a few additional things from the presentation too, I was not aware about ASIC and the asset write downs (but I was aware that competitor companies had written down boats more often and in more $ than MRM).

What Halom IMO is not mentioning however is basically the whole OSV industry worldwide is much the same. Not that the global industry status is much of a relief as some of the competitors have gone under.

I'm really curious as to what Haloms intentions / plans are. Will they seek to buy out the bank loans at less than the dollar, using raised cash, primarily raised from Halom?

Among this all there is obviously some light at the end of the tunnel Halom sees here.