MRM 0.00% $2.69 mma offshore limited

etherazer,Michael has me as some sort of MRM...

  1. 6,655 Posts.
    etherazer,Michael has me as some sort of MRM guru:)

    Perhaps.However in answer to your question,I take no notice
    of what the insto's or funds buy,hold or sell.

    In short,I don't care,their goals are not aligned with mine.

    I back my own strategy.In this case I appear to be vindicated.I thought $2.81 was a good entry and still hold that view.

    If one bought for the long term.The dividend ameliorates
    somewhat the short term pain of the capital loss.

    Small comfort I know,however look at the return.

    Grossed up approaching 7% with forward guidance to
    maintain the ratio of profits to pay out.


 
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