how low can we go? at 7.4c MDT is valued at under $70m 6 months ago MDT was valued at over $500m - that's half a billion dollars! In the A/R issued by directors on 29 Sept 2008 they report that the NTA at 30June was $1.07 per unit. When they issued the a/cs in 29 Sept they did not discount the $1.07 figure for NTA. So MDT assets were worth about a Billion $ !! SO, How can a company with a $Billion of Net Assets be trading at $70m valuation in only 2 months????
WHAT ARE WE NOT BEING TOLD ????
MDT Price at posting:
7.6¢ Sentiment: None Disclosure: Held