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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > Approaching 2M shares bought today....
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Post by blitzer2 on Jul 19, 2013 11:44am

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.
Comment by fatboy92 on Jul 20, 2013 2:05am
What part don't you people get, lets see 39 million shares times 1 1/2 to 2 cents a share, I think if I had the cash I would buy all I could as well. you could have made 20 percent on ICO since the announcement,  probably some others as well, but as they say, the jig is up, dead money sitting here and beenthere I thought you sold a long time ago or was that indicator? I get the two of ...more  
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