IPOD,SP,TweetyPie,Young Trader,Wilson etc. To all of you very experienced traders can you please give me your thoughts on a small medical stock MDV. They have just completed a SPP to raise some extra capital to help with the development of their Sunnywipes - They also have Kimberley Clark on board to market these Sunnywipes which are an antibactrial products suited to eliminating disease.
CSL Vaccine has been approved for the treatment of Swine Flu and that is basically what these Sunnywipes do. They help eliminate all the nasties around the place . Obviously to eliminate contracting these viral diseases we all should be washing our hands and wiping things down with antimicrobial technology.... These Sunnywipes could be used in Schools, Hospitals, Airports etc etc worldwide. Potential is enourmous.
The shares trade at 1.3c atm and the major shareholder has 40% +. Interesting to note that his SIL has just purchased 7% of the company.
Is it worth following ? Did have a rally up to 3c just before the SPP announced and the price has held up pretty well. They have put out several announcements recently.
Thanks for the opportunity to put something on the table.
