MRM mma offshore limited

Where is MRM going?, page-159

  1. 443 Posts.
    Ok behind all the white noise !! EBIT lets say $80ml Tax in Au 30% Tax in Singapore 14% probable NPAT aprox $ 55 ml yoy. P.E. X 15 times sp $2.20 more likely P.E. X 8 times sp $1.20. A 15 times P.E. probably when oil is $80. So what happned today ? Appears like insider trading perhaps ? Or some fund managers dumping stock. The company appears to be in positive territory, glass half full perhaps ? Things are always a bit murky, but I think the crash is more about H. F. trading. The ASX must investigate this kind of roarting. No wonder class actions are being bought in these kind of instances.
 
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