The Mermaid continues to go to depth not seen for several years
With share price hitting low $1.60's from a high of $4.20's not so long ago - one would be curious as to the reasons of amazing spiral
JAYA JAYA JAYA
The company in my opinion has bit off more than it can chew and stretched resources very thinly
Having said this - one would ask the question "has Mermaid hit the sea bed yet"
I am just about ready to dip my feet back in - with the idea AGM being scheduled next week - one could imagine a spike up before meeting
My thoughts of a short term buy is on the menu
The above is my opinion and should not be construed as investment advice
Has the Mermaid hit the sea bed yet
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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 |