If nothing changes and current cash burn then 1pg will just kicks around for 3 years.
As to what merchant are going to do? Your guess is as good as anyone. But hopefully they do or say something soon.
Or perhaps silence is golden and positive rumours might kick into the share price and we see it rise very quickly with no announcement. This would be my prediction. The Stockmarket is a very strange beast, reality is not always reality and anything could happen in the next few months. But the cash backing in my opinion says it won't fall much further. Only upside and buying potential has to kick in soon.
But I have been saying this for a while so what the F do I know.
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