re: whats with all the buying today? even i'm back in, at 3.7c just after that placement. Still think its a dog and my reasons for buying are in the thread "1st comes placement ..."
But now I think it will also run due to investors anticipating these sales mentioned in qtr report. It will take until 30/04/05 to possibly expose this as another exaggeration by MDM and tax loss selling will occur in May/June if the sales arent there. I feel there could be a decent rise in the SP to that point and the recent placement takers need to dump around 16 million shares at a 40-50% profit so an announcement along the lines of the Gallery investments LIE from last year to help support the dump. This puts the SP around 6c where everybody can take a profit.
- Forums
- ASX - By Stock
- 1st comes placement then .....
MDM
medical monitors limited
re: whats with all the buying today? even i'm back in, at 3.7c...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MDM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online