Beats me too, there is very little shorting on this one, I have chequed this on the ASX shorting list, so we cant blame it on them, but if you look at the depth screen there is a lot more sellers than buyers. I think this company has lost a lot of confidence and is considered highly speculative and high risk, and that is keeping normal buyers away, but that is probably going to change, the problem is I dont know when, as I believe this stock is undervalued.
MRE Price at posting:
68.0¢ Sentiment: Hold Disclosure: Held