I don't think they will go under.........last they had $110k...

I don't think they will go under.........last they had

$110k cash on hand
Online sales were 800% up (perhaps not much in $$ terms but still may be enough to keep lights on)
DJ closing stores and selling $880m-$1b assets ( MYR will have monopoly in this sector if they hold on)
MYR has not asked for any Capital Raising, which to me says that things are under control
Other retailers (Like RFG etc) in their last report mentioned rent relief, hopefully MYR would have also negotiated and received the rent relief
MYR staff would have receive and receiving Job Keeper/ Seeker payments, so staff salaries not a drain on their pocket
Retailers in USA like Macys, Burlington, ANF, who operate in similar market segment like MYR have surged, hopefully similar fate for MYR as well.

MYR need to have a futuristic strategy, that of a market leader and not a follower, just trying to increase online sales is playing catch up.....but perhaps tie up with American companies like above could excite customers ................current price is too low to go under

Insitric value is around the $0.51 mark ...DYOR