With all the activity going on in the LNG industry, service providers such as Mermaid Marine Australia would definitely be a takeover target for a large multi-national conglomerate
I am sure there are several players in the market that have run the ruler over Mermaid
Only time will tell (I believe this could be now)
For shareholders that have not topped up their holdings, perhaps you should
For investors looking at buying shares in the company, this is the opportunity
Mermaid Marine Australia is trading at a discount, in my view of at least 30-50 percent
MRM Price at posting:
$3.04 Sentiment: LT Buy Disclosure: Held