MRM 0.38% $2.62 mma offshore limited

Hi downside , I only see sideways basing or accumulation stage...

  1. 443 Posts.
    Hi downside , I only see sideways basing or accumulation stage at this point . In the accumulation stage stocks take time , sometimes even years , the longer the foundation the greater the rise . However I feel that a trend change is inevitable with the re balancing of the o.p. The charts look good but not yet overly strong . World producers will meet in DOHA on 17th April . We will see what transpires . Probably more posturing by the Saudi's , more bluff and hubris . But in the end the all need the money , so rebalancing is inevitable . The Iranians want $85 the Saudis need $106 Russia need all it can get , and soon . Good luck Mermaids and stay positive.....
 
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Last
$2.62
Change
-0.010(0.38%)
Mkt cap ! $993.0M
Open High Low Value Volume
$2.63 $2.64 $2.60 $11.61M 4.428M

Buyers (Bids)

No. Vol. Price($)
4 22376 $2.62
 

Sellers (Offers)

Price($) Vol. No.
$2.63 779808 5
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MRM (ASX) Chart
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