timing is everything

MDL has gone from the boards. Over the 20+ years it ran shareholders pumped $420 M into the company. It didn't make profits and the whole company was purchased by the French for $350M. Accumulated losses were about $212M
The only people that made money were the investors that bought in at 42c in 2017 and the management that lined themselves with performance options. Corporate Melbourne at it's best.
Overall though you would have to say that the french takeover was good for shareholders. The operational side of this business has been a lesson in square pegs in round holes.