Some extracts from a report on MDV completed a few weeks ago, please read the full report.
9.11.3. Company directors have informed us that an attempt to secure a debt facility from its current bankers in recent months was unsuccessful. 9.12. Based on our discussions with management, the Company has no other immediate funding alternatives at the date of this report other than as described in the resolutions in the Notice of Annual General Meeting/ When your own bankers wont touch you,, you would have to be moderately concerned. Hope the new investors in MDV read the full report, AUS.
MDV Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
