Explain this then genius, MRD was 1.2 before the acquisition...

Explain this then genius, MRD was 1.2 before the acquisition announcement and subsequent suspension from trading late last year and nothing has changed. There's been no negative report and they still have a vast and still relatively unexplored Fraser Range tenement yet with the acquisition news the price was slashed and then slashed again after the acquisition fell through so the market as per usual can't make up its mind and the majority are rushing like lemmings over a cliff.
On that basis alone this stock is severely undervalued and will begin to eventually creep back up.
Deadfred he makes about as much as much sense as Trump does as well, none and fuuck all.