MRM 0.00% $2.69 mma offshore limited

Two weeks till a 5% fully franked dividend, your dreaming...

  1. 1,697 Posts.
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    Two weeks till a 5% fully franked dividend, your dreaming asteroider. I will be holding till fair value or fat profit. Might do the double dividend trade and get the next one in 6.5months for a 10% fully franked gain plus 10 or 20 % capital return. Thats being conservative. Average broker target is about $1.47 from 7 brokers. That includes Morgans 87cents and Scaffolds intrinsic value of $1.84 for 2015.
    MMA Offshore Price Target Cut 18% to A$1.65/Share by Morgan Stanley
    CMC markets has a list

    Read yesterday MRM market cap is less than Jaya purchase price.
 
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Currently unlisted public company.

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