Directors’ Interests

Mermaid Marine Australia managing director Jeff Weber has picked up just over 1.4 million shares at $3.05 each, or $4.5 million in total, through the exercise of incentive options. The options were approved by shareholders at the company's annual meeting in November 2009. Mermaid Marine shares are currently trading at $3.95, giving Mr Weber an instant paper profit of 90 cents per share. The purchase comes after Mr Weber sold 750,000 shares in December last year, raising $2.4 million to fund the exercise of the incentive options and the associated tax liabilities. Mr Weber now has a stake of 2.6 million shares in the marine services provider currently worth $10.2 million.

Cash Converters International managing director Peter Cumins has sold 2 million shares worth $2.57 million in the company he and his brother, Brian Cumins, helped build. Mr Cumins retains a stake of 10.2 million shares in the second-hand goods retailer currently worth $13.5 million.

Iluka Resources managing director David Robb has acquired 121,951 shares in the company at no cost as part of a long-term incentive plan. Mr Robb has then disposed of 149,472 shares to raise $1.4 million. Mr Robb's stake in the mineral sands miner now stands at 713,339 shares currently worth $7.2 million.


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MMA Offshore (MRM)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
65thEmeco Holdings237%-13%
134thSchaffer Corporation105%29%
315thCedar Woods Properties23%9%
471stMMA Offshore-0%-38%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$16k Bought
$48k Bought
$304k Bought
Total value as at the date of the transaction
Source: Morningstar


25th↑Cedar Woods Properties$222.4m
26th↓Emeco Holdings$221.8m
27th↓MMA Offshore$221.8m
28th↓Schaffer Corporation$215.0m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from MMA Offshore

68thJeff Weber$1,000k
171stDavid Ross$605k
383rdDylan Darbyshire-Roberts$343k
Ranked by total remuneration from all listed WA companies

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