The Mermaid continues to go to depth not seen for several years...

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