Perhaps this was the reason for the frenzied buying this morning.
The previous announcement from March suggested it would be signed in April. We're now June 1. Took a while but happy it's over the line.
http://www.asx.com.au/asxpdf/20160321/pdf/435zgb0yttrry9.pdf
Under the terms of the MOU and the final binding agreement which is expected to be signed in April 2016
Ann: Sales Channel Secured with Arrow Pharmaceuticals-MDR.AX, page-3
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Last
50.0¢ |
Change
0.060(13.6%) |
Mkt cap ! $275.2M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 50.0¢ | 43.5¢ | $2.661M | 5.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11000 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 121863 | 5 |
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| MDR (ASX) Chart |