I'm not a holder here so don't shoot me down for having something to say....
Yes, it traded at around 12 cents for ages and ages. THen it goes to 6 cent and then MDT does a CNP on you and issues 15% for 9 million bucks when really if it was "fair" you should have either got about 18 million for 15% (at 12 cents) or 9 million bucks for 7.5%.
This deal will save your company but the deal stinks. You don't even know if shoritng and CFD's were used to push MDT down intentionally.
MacBank. MACDONUT BANK. Slack very slack. I truly despise their M.O.
MDT Price at posting:
6.4¢ Sentiment: None Disclosure: Held