These are my thoughts - keep in mind I’m a mug punter like most people here, and am not giving advice.
I think the SP is being manipulated to set MDI up for takeover.
Seeing the price drop these past few months has been bloody frustrating, especially when you consider opportunity cost.
IMO the stock will be in the doldrums until the SOI consolidation is completed, and the FS is released in the new year.
Until then, I can’t see much shifting the SP; good news will just be sold down by whoever is manipulating the price.
Personally, I’m holding on as I believe MDI will be viable based on its market statements, but if you want to cut your losses, that’s perfectly understandable.
DYOR and GLTAH
MDI Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
