AGM today and starting to tick up.



http://www.mediwatch.com/

Been watching this for some time being beaten down due to a couple of institutional sellers. It seems as though this has nearly finished and there is only around 500K of stock left before market forces will determine the fate of the share price.

Recent update has indicated that the company is doing well so may well be worth taking a little stock onboard now.

Agree Money...with the CEO buying 4/5 times in the last few months along with other directors......I thought this was worth a punt at under 3p...and im in!...all good news this year...and the buy edge is now in favour at these levels imo...plus I have always liked Banjos determination! lol
Also the Company have stated...Mediwatch plc said its sales revenues for the financial year so far are ahead of the same period last year....
Steady progress was also being made with the manufacturing process of PSAwatch. A further announcement on trading for the half-year to April 30 is planned for May. [20/04/11]
So only until May to gauge progress and SP changing news... not too long to wait for even the most impatient?
Doubling in the short term is not impossible...

Loads more director buying yesterday. Ready for the takeover!

Comming to life again?

slowly slowly

Starting to look good

Taken a while but the take over is here!!

What will be the offer 10-15p to have a chance of going through!

Hi banjo....


Laborie Medical Technologies Europe Offer for Mediwatch plc


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TIDMMDW

RNS Number : 2254T

Laborie Medical Technologies Europe

18 November 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY RESTRICTED JURISDICTIONS OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

For immediate release

18 November 2013

Laborie Medical Technologies Europe Limited

Recommended Cash Offer for Mediwatch plc

(to be implemented by way of a scheme of arrangement

under Part 26 of the Companies Act 2006)

Highlights

-- The Laborie Board and the Independent Directors of Mediwatch are pleased to announce that they have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Mediwatch by Laborie which is to be effected by way of a scheme of arrangement under Part 26 of the Companies Act between Mediwatch and its shareholders.
-- Under the terms of the Acquisition, Mediwatch Shareholders will receive:

for each Scheme Share 6 pence in cash

-- The Acquisition values the Fully Diluted Share Capital of Mediwatch at approximately GBP8.48 million and represents a premium of approximately:

o 118 per cent. to the Closing Price of 2.75 pence per Mediwatch Share on 17 October 2013 (being the last business day prior to the commencement of the Offer Period) and a premium of 45 per cent. to the highest closing price since 17 October 2013 being 4.13 pence;

o 141 per cent. to the average Closing Price of 2.49 pence per Mediwatch Share over the 90 day period up to and including 17 October 2013 (being the last business day prior to the commencement of the Offer Period);

o 140 per cent. to the average Closing Price of 2.50 pence per Mediwatch share over the one year period from 18 October 2012 up to and including 17 October 2013 (being the last business day prior to the commencement of the Offer Period); and

o 133 per cent. to the average Closing Price of 2.58 pence per Mediwatch Share over the two year period from 18 October 2011 up to and including 17 October 2013 (being the last business day prior to the commencement of the Offer Period).

That was a bit of luck?....