The engines have fired up at last for MDX. ( BPRG ) At long last they are being recognised for the force they will become over the next two years. On the cusp of disclosing huge revenue-earning deals with Global pharmacists. These have been hinted at as being unrolled before the years end, but may be in the next days.You still have time to get in at a bargain-basement price before the SP takes off for real shortly.

Halifax,

You make a good point but as it was not a formal offer it is my understanding that they cannot publish the details of the offer. Suggest holders watch price and volume activity over next few weeks. That will be more of an indication as to where this saga is going to end. The close today suggests the mkt is looking for/expecting a better and formal offer......but who knows.

Final point I think the company is behaving very unlike the bad days of BPRG, they appointed an outside advisor to look at offers, and options. Seems to be OK. Lets wait and see, no harm really after all this time. It could be that they will actually make a trading profit this year!

Does anybody know what is going on with Meldex today?? I'm new to the stock but it seems very interesting.......

Final results due in April will disclose the real picture perhaps that is why a bid has not emerged.

Medex's portfolio has blossomed beyond anything expected from BPRG days, I can imagine that an sp of 90p is more appropriate; that may be conservative. DYOR

From the Daily Mail this morning

"With no fewer than FIVE predators running the slide rule over the former Bioprogress biotech company,Meldex International advanced 7.50p to 75.50p on hefty turnover of 3.7million amid talk of a imminent 125p cash offer."

I also read that this AM, hopefully another BLUE day!!

big tade of 2m this afternoon bought

Another month passes with no firm offer on the table.

at least 6 months before thrashed out.....however results sometime within 3 weeks

sp will rise soon though.....and plenty of products raising cash

There is a RNS suggesting the company has printed another 3million shares. Why I don't know.

I think one of the hold ups in price rise is possibly some punters selling for the new tax changes. If so would expect a price rise now.

I would prefer that there is not a takeover at the present time as the potential for their products is collosal and would like a SP of in excess of Dil's 120p and more like 150p over next 6-12 mths.

i agree fred.......hold for 2 plus years and 2 at least

Must be short of cash again having to issue more shares to pay their bills.

some major news coming i think.....i can feel it

I hope so! Just bought some yesterday at 69.5p

you are lucky.....i bought more than 4 years ago! obviously too soon!
have topped up though

What happened to stop losses.

I know with AIM shares suitable levels are generally difficult to define.

I know with AIM shares suitable levels are generally difficult to define.

That didn't need repeating!

8-)

Doesn't appear to be out yet............Daily Mail today, quote "Also in the pharmaceuticals sector, traders speculated that there could soon be an update on the bidding for Meldex, as the shares rose 3.75p to 74.5p. The firm said it has received several takeover approaches."