mgc The investors will come and patience is required for the long term holders. MRM is a tightly held stock. The bots are creating a market and it seems we are in a holding pattern for now. When management are ready an announcement will be made regarding contracted vessel work in the various oil and gas precincts of Australia. I expect considerable earnings growth in the supply base operations in Broome and Dampier. It would be interesting to know which new instituitional investors have bought MRM since Dec09 following the index rerating. It doesn't appear that they have been filling their boots. Quiet accumulation from me in the meantime.
Cheers BF
MRM Price at posting:
$2.80 Sentiment: LT Buy Disclosure: Held
