MRM 0.00% $2.69 mma offshore limited

One crappy company buys another crappy company, page-14

  1. 932 Posts.
    lightbulb Created with Sketch. 7
    Agree with Anti. MRM is a small company and it’s share price gets chased by momentum buyers.

    The fundamentals of the company remain weak (as does the whole industry) and would seem to be like this for a while yet.

    Sorry to sound negative but it’s likely to be re capped again once they have a good story and then people will lose faith again

    None the less there was a buying opportunity for a short trade on the current news. Next Trick I think is knowing when to sell...

 
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Currently unlisted public company.

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