Volume on the bid side at 3 has almost halved in past few days. Confidence is waning despite a few brave posts above. Now that control is shifting to the JV MRQ arent in the driving seat any more. I did predict that without some extra marketing effort from Peak and the CEO/Board member MRQ faces a return to the doldrums and got lambasted by those with rosy tinted spectacles.
Andrew needs to pull something out of the hat else the Options will expire worthless YET AGAIN.
No-one is interested in vague assertions about the JV unless there are projections as to the cashflows and timetable of these, else it will go down the tubes as did the Norelargen venture that was swept under the carpet, never mentioned again.
I do have faith in this company's prospects from a helicopter view but, to me as a shareholder, there is stuff all real substance to get an investment analyst's mouth salivating.
Just a big sigh.
MRQ Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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