It's becoming a pattern ....huge opens and sells down during the day
I've decided to cut my position substantially when this crosses $2.35, having invested in this company in 2021 at 30c to 40c my view was 2x NTA would be around $2.2 to $2.4
NTA has continued to move higher as the cycle moves upwards.
i think there's better asymmetry switching from MRM to the drillers like Transocean and Valaris.
good luck everyone! I'll enjoy the ride with a small satellite position in MRM going forward
MRM Price at posting:
$2.18 Sentiment: Buy Disclosure: Held