You're right they're working very hard to keep it down - but no wonder - they have their backsides hanging a long way out in the wind with 11.68% of shares on issue sold short (43.35M) at last published data on 7th May.
That is an awful lot of shares to have to buy back on market, and while they've picked up a couple on special crosses off market today, they're unlikely to find many sellers at these depressed SP levels.
While they have succeeded in railroading the price down in MRM this past few months, they certainly better hope they have an exit strategy or likely to have difficult time covering.
Imagine where price would end up if we had to buy 45M shares on market (about 30-60 days avg turnover)...
MRM Price at posting:
61.2¢ Sentiment: Buy Disclosure: Held
