MVP 2.50% 39.0¢ medical developments international limited

Listened to the Presentation this morning nearly fell asleep...

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    Listened to the Presentation this morning nearly fell asleep ….New blood required….Not continuing US pathway with vigor says a lot…Pay cut for management would be 1st step to cut costs and a performance bonus not salary on getting approval into US…

    Cash positive by end 2025 with no US mkt mmmm need to take risk/reward no wonder sold off and new lows…
    Mkt doesn’t believe management no Capital Raising on horizon……

    Was looking at getting some but will now wait and see.

    Australians all know product works and is well used in sports/hospitals but not going after the US mkt with gusto says a lot about management ….
 
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