I agree with this.
A shorter attacking a good company like MRM could seriously be caught with their pants down. Mostly the raisings I have been involved had immediate share price rises especially in cases where uncertainty is resolved.
Balancing that is the possibility of writedowns but is the market anticipating this?
I find the buy now or wait a very difficult decision with MRM at the moment.
MRM Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held