GREY:MDCGF - Post by User
Post by
Jentaion Sep 11, 2012 10:50am
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Post# 20346999
Dummer
Dummer At the current burning rate....keep in mind the Darpa funding is gone and they have to support the NC plant. Add to this the latest bad news concerning flu vaccines...we are in for an other PP, I will suspect around the $0.40 mark prior to Christmas. I will check with IR what is their curent cash position but I supsect that it is rather low. In the meantime Sheldon and his cohort will continue to get overpaid. In terms of stock performance, Sheldon has been unable to deliver. TSX has almost doubled since 2008...MDG..great news but no real progess in terms of shareholders value. My wife was smart enough to put some money in V.DMI (target $5.00) last year and as usual I did not listen to her. At least a smart one in the family and it is not me. To add insults to injuriies she urged me to get out of MDG when the flu crisis was over a few years ago...instead I bought more. In retrospective not a very smart move.