Mermaid Marine Australia has a cosy relationship with Woodside
And today' decision for Woodside to pull out of Israel's Leviathan MOU really puts a dampener of a potential bonanza to capitilise on this cosy relationship with Mermaid in my opinion
The Jaya deal would have exposed Mermaid to this project and given the company a massive opportunity in the Middle East to capitalise on any potential tenders. I believe they would have been on any short list for projects that it tendered for
The above is my opinion and should not be construed as investment advice
MRM Price at posting:
$2.16 Sentiment: None Disclosure: Not Held
