Hi Pardner,
I do agree that the shorters have got it right so far and most probably will continue to get it right. With 28 million shares still being shorted it does make you think that poor MRM will get smashed again come next month's half-yearly.
So who has accumulated all the shares in the past month and sent MRM upwards of 60%?
From the Low of 20.5c on 22/12 to today, net total shares covered is close to 2 million. So who has bought the other 23 million shares since the 20.5c low?? Is it all Retail mums and dads who are about to get burned cause the big boys know everything or as the market is always right and there's an upwards trend forming here or will the shorters get burned?