MRM 0.00% $2.69 mma offshore limited

MRM: General Discussion, page-48

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    3. Best performers:
    What have been your best performers in 2023 and why?
    Do you still own them?
    TOBIAS YAO, WILSON ASSET MANAGEMENT: Another strong performer is a company called MMA Offshore (MRM) which provides marine and subsea services to the offshore energy and wider maritime industries. On the back of prudent capital management and a favourable demand backdrop, the share price rose from just under $1 to over $1.60.
    While we have reduced our position size, MRM continues to be a core part of our portfolio as we expect vessel demand to stay elevated for the next two years.
    DYOR please.
 
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