MDDM finished higher again in the US last night @ US$4.50/share.
With 38m shares on issue this equates to a market cap.of US$171m(approx. AUD$230m).
And therefore HGR should be trading well over 50c/HGR share.
Refer to HGR announcement of 24 February 2004 and HGR's oppurtunity to acquire the IP and exclusive rights to commercialise the non-lethal electric bullets("Shockrounds").
Taser has a US market cap. of approx. US$800m and many believe that the Shockrounds product will prove to be better and very possibly the best non-lethal weapon.
And of course the market for these products is enormous and growing every day.
HGR DD due to finish soon and this deal will be huge for HGR
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