MRM 0.00% $2.69 mma offshore limited

The last time MMA was in this price range was back in August...

  1. 12,865 Posts.
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    The last time MMA was in this price range was back in August 2006

    Today it breached that level

    Who would have thought such a successful company would get to these levels. I thought about buying in at $1. Then 90 cents, then 80 cents, then.......Luckily I did not. To those that have been shorting stock over several months - good call. Is the company a basket case. There are so many fixed costs which need to be taken care of. I have come to the conclusion we will see no further dividend in the short term. Unless those boats and employees are utilised, the bleeding could become fatal

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    Above is my opion and not investment advice
 
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Currently unlisted public company.

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