look at the last EGM...fairly good statement was made on that ANN which stated
'Executive Chairman of MediVac Limited, Mr Paul McPherson, emphasised the following three points: The Sri Lankan Government?s Technical Evaluation Committee has been appointed and is currently evaluating the proposal for a significant order of MetaMizers. Its review is expected to be completed by the end of this month. The order is expected to be for a minimum of 25 new MetaMizer 240 SSS. The Australian Government has agreed in principle to provide a sovereign loan to the Sri Lankan Government to fund the loan, subject to final/formal application by the Sri Lankan Government and finalisation of contracts'
It will be perfect to announce the srilanka deal on 22nd July at the EGM...investors may have an inkling this will happen and are selling off for the tax benefit and buy back in July at virtually the same/or cheaper price
MDV Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held