The article paints a grim life / death picture regarding MYR. I bought in (again) just before the loss was announced and then have kept holding and I wonder what is going to happen. We just don't know. The uncertainty with the doubts suppliers have of getting paid is a worry. I am not aware that there are any that haven't been paid to date, so I don't see what their issue is but they are afraid that if the store goes into administration they will have to wait in line for payment. I can understand their concerns. The end of the article notes that shareholders would lose all, that is our worry.
MYR Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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