Mermaid Marine Australia is still lagging the ASX 200 by 11 percent since mid January 2010
The continual flow of good news for the company has done nothing but see its share price stagnate over this period
What does Mermaid Marine Australia need to do to win new support from investors
I think an exercise in PR from the board to media would give impetus to the price, however they purposely side step this attention
As stated previosly the announcement of record profits and dividends did not get rate a mention in the major Australian newspapers (except for "The West") the following day
I am against companies hyping up the share price on nothing at all
But the Mermaid Marine Australia story is not hype and smoking mirrors. The story needs to be told
Please reporters - do not do stories that are fed to you - a bit of research and getting off your behinds would do wonders for the credibility you so desperately need for readers to take your work seriously
The above comments are my personal opinions and should not be considered investment advice
MRM Price at posting:
$2.71 Sentiment: LT Buy Disclosure: Held
