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MDC medlab clinical limited

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Ann: Monthly Activities/Appendix 4C Cash Flow Report, page-7

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silvahman

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20/11/21

10:17

Post #: 57719770
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Originally posted by amb005: ↑

Been pretty dissapointing ride with MDC, a lot of potential but seems to always fizzle out. Basically been grinding down for 4 years, and seans getting paid the whole time but shareholders havent had any growth and only got diluted after cap raise.

Losing $3.6 mill a quarter with only $9.7 mill left, looks like we can look forward to another cap raise within the year, at a discounted price , yet again.

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They have $13mill in bank now.

Yes it is a disappointment considering MXC is worth double MDC and has done nothing to achieve it. MDC has advanced in Nanabis to phase3 and it has seen no value for shareholders.

MDC Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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Ann: Monthly Activities/Appendix 4C Cash Flow Report, page-7

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