Well, you wont hear anything from MRM about it! Jaya told the press though and the ONLY place I read about it was in this snippet which lacks detail...
"However, on 26 February Jaya received a notice of arbitration from MMA Offshore on an alleged breach of warranties under the sale and purchase agreement entered between the two parties."
Not a peep in the Annual either which surprised me as I wanted to read what was 'misrepresented' about the Jaya asset.... and what warranties were breached. Curious given the very large price tag of that very recent acquisition!
MRM Price at posting:
50.5¢ Sentiment: None Disclosure: Not Held