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clock Created with Sketch. 24/06/15
17:36
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Originally posted by Wini
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So MDG has now fallen roughly 50% since the final report was released a month ago. While it wasn't the most impressive report I've ever read, I certainly don't think it warranted a 50% decline. Revenues grew at 19%, operationally cash flow positive and R&D is expensed which makes the bottom line look worse than what it could.
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Summed up pretty well Wini. Combine no buyer interest with a one or two who are after their tax losses before 30th June and things look very sad on the share price front. Equally I guess if they ever can turn this around the rise will be on next to no volume. They just need to give people a reason to buy. Ingredients are all there, but they can't seem to make anything out of them, so far.
