MRM mma offshore limited
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My Concerns, page-5

  1. WangChung
    19,126 Posts.
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    15/01/15
    07:30
    Post #: 14586000
    As I posted at the time, return on assets in Jaya looked inferior to the existing Mermaid fleet. Just couldn't see why that needed to go down that particular road.

    Also didn't like the apparent enthusiasm of Jaya shareholders to do that particular deal.

    Anyhow, MRM has been a one way street running south ever since,
    MRM Price at posting: $1.03 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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