I still think that MRM are in the wrong ASX stable / category (Transport). It will be interesting to see what happens to the sector now that AIO have done a cap raising at 40% discount and go back to trading. MRM was caught up in the AIO debt earlier in the year. From memory MRM went back to 65cps.
There is no point in comparing MRM to NMS and the dividend makes diddly squat difference. The 2 companies are incredibly different from each other in tems of services offered, customers and more the make up of their respective balance sheets (essentially assets). They do however compete in the same space for capital.
Cheers BF
I still think that MRM are in the wrong ASX stable / category...
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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 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |