MRM 0.00% $2.69 mma offshore limited

I'm relatively new to this company but keen to bottom-pick if it...

  1. 211 Posts.
    I'm relatively new to this company but keen to bottom-pick if it makes sense. Post the Jaya acq'n, how much of MRM's revenue is hinging on the WA (oil & gas) economy? Do you think they may be being dragged (perhaps unfairly) down by continued negative sentiment in the broader resources industry due to falling commodity prices, as opposed to fundamental problems within the company?

    Why is there so much negativity regarding Jaya? Is it the size of the transaction; the type of service that Jaya provides; integration risk; financial risk; shareholders p'd off about dilution?

    Thanks in advance.
 
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