wow !! eight - you have obviously thought long and hard regarding the value drivers within MRM ......
also obviously - you looked at the construction timetables for the lng projects here in oz ......
good call !!!!
management of this company also "knew" all of those things ......and this is "why" they spent $$$$ acquiring Jaya .......management would have also been attracted to the ship building capability (ie lower the cost of their own fleet purchases) ......
the fall in oil price is not managements fault ........
short sellors - simply look for opportunities to exploit (and in this instance - fall in OP .....means fall in utilisation rates ......).....
as Austinhealey said - if you are patient .....and its a "turn-around play" ....then simply waiting for the shorts to go away ......is a sound strategy !!!! - so thankful to Astroider for pointing out whom has been playing in this stock !
rgds
V_H
MRM Price at posting:
56.0¢ Sentiment: None Disclosure: Not Held