comparison between mermaid and neptune, page-7

Interesting comments from all on this thread. Remember though, Otaku, that MRM have less shares on issue than NMS, so to suggest they should equate in share price could only be if there was an equal number of shares on issue. I prefer to compare them by market capitalisation.

As of the close on Friday NMS market cap was $133m, and MRM was $256m, yet NMS stands to post a higher full year profit this year than MRM. Yes MRM are paying a dividend, but I ask, does a 2c dividend justify a company effectively being twice the value of a company that is not? I don't believe it does.

MRM has a more solid track record simply because of the length of time they have been around. NMS are still going through extremely rapid growth. You can see that from their cashflow figures from the 1st half as compared to actual profit.

I could not possibly believe anyone that expects MRM to outstrip NMS in the next 12 months as far as capital growth is concerned.