$140 million impairment charge says it all, page-27

The way I look at it, there are many hundreds of other companies on the ASX that you could invest in with far more likelihood of success and less downside risk.

AHS saved me a stack of capital with his research and Antibotter obviously knows the company backwards.

I used to think MRM was a great bet with its high NTA, but I eventually worked out that lack of contract wins and cash flow was going to drive them to refinancing (i.e. Tearing the existing shareholders a new one).

I would give more credit to their advice.

IMO the best result for current holders would probably be liquidation and hope that there's enough left over to get your capital back.