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.

50p more like.

PT - I'd like 60p+ but can't remember valuing at that - bought at 32, 29 and 28, so I view 31p+ as profit, but needs to go over 40p to make the hassle worthwhile!.... and still haven't fully dismissed losing the lot! C'est la Vie!

Wouldn't be surprised if handshake for RT was 18 months salary- usual settlements are between 6 months if you are caught red handed up to no good (although that's only to avoid lengthy unfair dismissal cases) and 18 months to push you out when you don't want to go...... considering an MBO would cost 100m+, 0.5% of that to get shut of a perceived 'problem' would probably be acceptable to any new lot :-)

I am told that all is not what it seems to be here following the exodus of CEO and FD --the real truths are being hidden from shareholders for timebeing and will no doubt be revealed with interims later this month guys-you either hang on to your shares or you exit now look to possibly buy back lower down as the shares are going to be very volatile between now and end of this month!--I suspect the bears will no doubt get the upper hand till we get all the facts and figures--uncertainty does not help share prices!--if you are of a nervous disposition then sell but if you are very brave then hang on and good luck to you all!

Atek hold around 16 ml .the KKs around 25ml out of 225ml [seems like 400ml]there are no large institutions invested and a lot of PIs with substantial holdingsi.e. cloutBJM initial offer was said to be around 1-20 which you kinda get the feeling was not to far from the truthand he is sitting on a huge loseare you really setting your sites at 40p Bert

Said by who to be 120p .... scotty ???

Your having a laff now tabby.

DilI can take responsibility for that claimI have read just about every comment from BJM when asked about the bidall prices were mentioned from 70p-1-50 on many post's his answer has been his undertaking is to POTAM but suggestions around the 1-10 have caused very slightly different responsesjust an observationthats allcould be way off the mark. 1-20 was mentioned the most!

Bluefacethe real truth cannot be hidden from shareholders by lawwhat are you suggesting in that statement?you will need more backup than a mate said.I would like to see a statement from RTwhy has there not been a reason given for his sudden departure?.. Also rumoured Finns are happy with the newsthey must know the problem!

Blueface, a mate told me that this was a crap company to invest in, I see no reason to disbelieve him.

Bert, fair enough, an entirely pragmatic view, although $500k may be but 0.5% of any perceived (although pie in the sky unlikley MBO) it will probably represent at least 15% of FY profits with the obvious knock on effect to the SP.

Good luck :-)

Morning all.reflecting on the removal of RT.I dont agree with Bert that he was out to line his pocketsI believe he was on an obsessive dreamwearing the largest blinkers availableand making elementary mistakes.I personally thank him for his efforts and wish him well.

Never met the man, but someone on that board wanted to push through a 100m share dilution, and definitely let his mates in the City in on it so they could short MDX to that amount and cover their positions with the issue.... and in the process they killed the SP ..... and BM was one of a group of substantial shareholders, who, being not happy with that very point, decided to do something about it!

I don't have a target of 40p, but that would realise a nice profit for me, so it's my lower limit for acceptance of any bid - I think if broken up and sold separately, the parts of the business would realise nearer 120p+ .... and I'm not the only one with that view ..... so, as far as any future company is concerned, I would be very surprised if MDX carries on much longer than the end of this financial year in anything resembling it's current format .... and that, I believe, is why RT has had to go - his visions of the future, for what he saw as 'his baby', do not match those of whoever is now really pulling the strings!

I bet those directors had no clue that was happening until they read it here.

lol

I've been party to enough boardroom discussions to never be shocked by the arrogance, or sheer ignorance, of suggestions which have been pushed through to become policy, regardless of the impact on others who thought the board would act on everyones behalf. The main problem in law is the phrase "directors must act in the best interests of shareholders..." - but they themselves are invariably shareholders (if only to some minor extent) and so when lining their own pockets they are, technically, acting in the interests of shareholders ..... not ALL shareholders, but the law (deliberately!!!) doesn't say ALL shareholders...

Agree with a lot of your post Bertand always respect your viewsI look into actions speaking louder wordsits human nature.growth by the issue of stock and being blinkered to consequences of SP was RTs downfall...but he did a hell of a lot of good for the companylets us look at some more actions.SM showing more than an interest in company at a disruptive timewould he be in a better position if SP was capped lowBJM giving SM future interest a 10/10...how could you predict that?.RT out of the way. it was common knowledge he would try and block all bidsand the twins being recommended by BJMdoes that not say another board member could profit from your claimand unlike RT is still in a prime positionthis is all surmise to the future but based on fact!I think your take on the business being broken up is unfortunately another distinct possibility your guess? Head on blockI predict a SM offer very soon!

Bertthe law design loopholes for those clever enough to use!

Agree that any bid will come sooner rather than later .... if traders don't see a downside (and 48 hrs on, there's no more signs of weakness than there was before RT left), they will move on, covering their positions, so allowing the SP to rise ..... any bid would be at a premium to the SP, so only makes sense to do it now whilst SP is technically weak.

Good signyou cannot even buy a few thousand shares on lineask up to 30pyou can feel there is something cominglittle resistance!

Looks like no oppositioncould be a good run coming!

Similar sort of ramp that a Harrier jump jet used to take off from an aircraft carrier.

What is MDX worth to a potential bidder? Last published balance sheet showed a net asset value of 70m which included goodwill and intangibles of 75m. The answer must be their sales and profit potential. So far no actual offers have been disclosed to shareholders.

Pointing out infonot normally wrongtake it as you like!

Halifxthis guy knows a bit about the company!!!!
B J Muncaster - 15 Aug'08 - 08:39 - 103657 of 103682

I accept we needed to buy-in sales revenues to keep the Company moving forward, and that side of the business seems to be in decent shape. What I'm really excited about is the flow of news relating to the core-tech, which IMO is where the big $$ will be generated.

I'm satisfied that:
TabWrap works.
FastWrap works.
NRobe works.
Soluleaves works.
WaferTab works.
Meltums is close to working.
Ostomy works and must be worth something!

I bet I could flog any one of the top five techs for more than the entire market-cap we're sitting at right now. I'm sure of it

Tabby you are often wrong ... last two weeks share price movement and Sunday Mail write up for starters.