Many MDM holders are original Defiance Mining holders and that includes some of the substantials - that is to say that they were holders prior to last Monday.
Who knows if the top 20 has changed but MDM was expected to perform and have established itself with concrete agreements and contracts well before now.
Now MDM have just released an announcement that they want to shake out all the small shareholders, (cost saving measures) nothing new, but why wasn't this done in the very early stages?
When shareholders LEAST expect it and when all is calm, then, it is very likely that the announcements that have been awaited will come. One can't help and wonder that if it takes too much longer someone might just steal their thunder.
MDM Price at posting:
0.0¢ Sentiment: None Disclosure: Held