The last announcement told us that they could give no assurance that they would be successful in renegotiating their near term debt facilities. This was a sobering statement. I hold a lot of these shares and have decided that the potential reward of holding these long term and seeing dividends again is a better gamble than selling at a loss. Until the risk of these debt problems reduce I dont expect to see many new investors prepared to buy in.
MDT Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held