I don’t think people would look for assistance to cover shorts through this chat
I think the share price has brought more attention to the company. There would be many on the sidelines looking and considering buying it but too fearful.. “what if it goes back to 8 cents” “could it go bankrupt with coronavirus”
I think the share price is simply in a holding pattern until they release an announcement. I think their next announcement will ignite some investment confidence and the share price will rally and trade in the 2018/2019 (36-74 range) for the short to medium term before pushing out of it once there’s proof the cash flow rebounds to Pre-COVID, sales declines is stopped and the business will recommence growth with their online store driving it
Keen to hear others perspective
MYR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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