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Oooo Err Mrs - Management Resources Solutions picks up A$3.6m claim - wipeout?

By Tom Winnifrith, The Sheriff of AIM | Monday 26 June 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Those who took part in the 5p £3.5 million placing in Management Resource Solutions (MRS) in April could today sell at a loss of 50% after news came in that the company faces a potential wipe-out event - a A$3.6 million legal claim. Oh dear. At least we long term bears can raise a smile. TW 7 BB Morons nil. Once again those who thought they knew better did not....


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