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Medicago Inc MDCGF



GREY:MDCGF - Post by User

Post by blitzer2on Jul 19, 2013 11:44am
433 Views
Post# 21618043

Approaching 2M shares bought today....

Approaching 2M shares bought today.........within the first two hours of trading and mostly @ 1.15 the bulk of which, just traded in the last 30 mins. There's now been around 39M already bought since last Friday at mostly between 1.14/1.15 from people who obviously still want a position in MDG@1.14 and above in spite of a take out offer from Mitsubishi of 1.16. 

No sign yet of a management information circular to announce a date of a meeting to enable shareholders to vote on the transaction, which was expected to be held before August 30, 2013.
Of course, there is still plenty of time for this yet and also to enable existing, and new shareholders to contemplate how they will vote.
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