selling, page-7

great post sob

finially someone besides eltonman that supports my ramblings

Today the reserve bank changed the direction of interest rates. They put them up and this is not the end.

The economy has changed directions.

A snowball effect has been put into play

It may not be now, or tomorrow, or the day after, but trust me in the not too distant future, we will see the demand for oil and gas start to get very very very strong. And when this happens not only will the price of a barrel of oil and gas return to the levels seen last year, they will surpass these pass these record highs substantially

The oil and gas majors are, and will continue to explore Australia with a maniacal determination

And who will benefit enormously, our friend, service provider MERMAID MARINE AUSTRALIA

The so called experts will continue to upgrade Mermaid's earnings growth. It is a work in progress

The P/E for MRM for fy 2010 is currently incorrect. It is way way way undervalued by the analysts