I just find it odd that he is keeping the SP at 30c... What will happen after the full year results?? 30c or 20's or teens?? Why not let it go to mid 20's? Massive support at 30c!
Over 1m people shorted the stock at around 30c few days back after the market update...
Very hard what to do here... I've sold a large parcel and hoping to buy back at a lower price... I think the market update few days ago was a very significant one in terms of loss of revenue and hence my negative sentiment... But reality is it could go either way. GLAH
MRM Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held