Low share price may be good news for Mdx directors Last year with the Q3 release, Mdx generously issued 800,000 stock options to directors at 17 cents. (Share price was around 12 cents at that time.)
With our new ceo and cfo on board and the stock sitting at a current 5 year low, at 8.5 cents, I wonder what share price the Board will assign to next weeks stock options. I am not against issuing stock options but I hope to see a stretch target between the current share price (8.5 cents) and their options. Afterall, Beacon Securities did call for 45 cents on at least two reports. :))
Regardless, this is excellent timing for them. They should also be buyers in the open market after Q3! Hope they can also do something for us longggg shareholders and start delivering results.