I think I have cottoned onto the end game of the shorts and I reckon it will be at much lower prices due to a bad news about to be released in the next two weeks which will affect MRM. If I am wrong I will buy it back, but I reckon I am onto their game esp after I have figured out the common theme with the other stocks I recently discovered this shorter was heavily into to the tune of hundreds of millions of dollars profit across all of them. In retrospect I can see it is the most profitable and fool proof trading mechanism they have devised on the ASX which relies heavily on many months of negative sell algo pressure as we have seen here and it will ALWAYS result in forced capitulation of hundreds of millions of dollars worth of stock into their hands at the lows every time.
MRM Price at posting:
88.5¢ Sentiment: Sell Disclosure: Held