Can't be traded, can't fulfill the listing requirements so exit stage left.
Like I said 3 months back - nobody will see a cent out of this. Obviously in this climate you won't see a crowd beating down the door for what is a few marginal assets.
If there is anything worthwhile buying it will go for a price not far away from the value of the liquidators fees. The liquidator will simply do a deal to look after its interests and in this climate there won't be anything left to look after anyone else.
Look at the deal BSM just did with Intec. Bought a $100 million mill for $4 million - and that is from a company that is in hospital rather then MRX who are at the Funeral Parlour.
MRX Price at posting:
$1.15 Sentiment: None Disclosure: Not Held
