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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > Robbery
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Post by pipeline101 on Jul 13, 2013 8:14am

Robbery

I've been a a shareholder of Medicago on and off for the last few years, the hardest to ride thru  though was the last year with the price being held down. ( or so it seemed)  But I was convinced that this company was going to be a leader in vaccines in the next few years, sometimes doughting my judgement and letting my (dead) money sit there until the stock price reflected the company and the technology.... I have held strong because I wanted to hold this for a few years and see if I was right and finally when Medicago is starting to get some recognition and the price reflecting at least some of the accomplishments that the company has acheived, and I say some, the price should be way higher then $0.95 and a buyout at $1.16 is nothing more than a joke, I can't beleive that Medicago's management thinks that this technology is worth $1.16 per share.  I beleive Mr Sheldon said in an interview that Medicago would be profitable by 2015 so why sell now? unless you where in on it from the start?  a subsidiary of PM is buying the share, so I guess Indicator was right PM is getting the company for a song........ How should I be rewarded for my loyalty? a sell out....but then again how can a small retailer like myself compete with the money that was thrown around today just to make a penny in a month or so?   I can't beleive that this soon to be billion dollar company is being sold for a measly $1.16 per share....jokes....I still feel sick about this, big money always wins and I'm getting pissed off at getting pushed around
Comment by dbc_3 on Jul 13, 2013 9:01am
Hey Pipeline, I look at it a bit of a different way. Mitsubishi swooped in to buy the company and PMI effectively refused to sell their shares. As a result, PMI is remaining a minority shareholder in the new company, with their ownership level increasing from 38% to 40%. Who is really stealing the company at this point is Mitsubishi Tanabe, and the only way they could get the deal done is to make ...more  
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