IMO my main observation from AGM is that it's pretty obvious MRM can't continue as it is (concluded well before but AGM just confirming it). Put simply MRM needs more cash to pay its lenders in the coming 5 or 6 weeks than we are all pretty sure it has. Something has to give...
So what is actually going to happen with the company in the next 6 weeks or so,I do wonder.
Not trying to induce panic here, but time is ticking and the bell is going to ring soon I'm pretty sure!
MRM Price at posting:
30.0¢ Sentiment: None Disclosure: Held