@hotty4040
Sorry to hear that you've lost so much from MHM over the years.
I think it's always important when trading to not make a decision to buy/sell/hold that is based on how red or green your holding is. The question you've got to ask yourself, based on your current risk tolerance and the fundamentals of MHM, is MHM a stock that you would reasonably consider buying into?. That's taking into consideration, not only the risk of making a profit or loss but also the risk of liquidity which is obviously significant and present with MHM.
Otsana have an incredible reputation in the RTO/IPO realm. They've built their reputation from simply maintaining a track record of returning wealth to shareholders. On the downside, Otsana also have a reputation of taking their time. CR8 for example was suspended for 7 months and that was only a voluntary suspension.
If Otsana already have something in the pipeline it would realisticaly take 3 - 6 months for MHM to re-comply with ASX guidelines. If they don't have anything lined up for MHM then MHM might not be trading again for some time.
Obviously none of this matters if liquidity isn't an issue for you.
My opinion is that if MHM was trading right now with the cash backing that it has and with Otsana at the wheel. This stock would be very liquid and it would also be trading at a higher price than Mercantiles pathetic offer of 4c.
I hope that helps.
Cheers
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(20min delay)