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.

Don't worry about me scotty muppet, I'm just fine and dandy. You just stick to making a fool of yourself. You and tabbytit should get married, I can't think of a better financial BB pairing :)

I do believe that you Al and Treb have tried to post a realistic view of the situation as faced by MDX and also with regards to markets in general and how they work pt.

Unfortunately educating pork is not an easy matter.

I obviously have always had the most balanced view.

0.25p

:-)

Dil .you might have a balanced view.but your scales must be fuc*ed! You are never ever ever right!

tabby what time could you last sell MDX for 20p ?

I got 12.05

Put it in your diary !

Dil .just before 2.00 got a 20.55 buy 20.05 sell quote on 5000!

My scales are wrong ... either that or my doctor is wrong... he told me what weight I should be and the scales disagree - one of them is wrong, surely?

From the results I'd say 20p is a buying opportunity, but I never buy any share when there is a "we're arranging funding" at an unknown price hanging around.....

We do not need to raise capitol in order to fund any losses!the funding as with any business with such a growth rate is necessary to expand and growwhat is your point Bert?

As a result of the strong trading position coupled with the development projects the Company recognises that there are additional demands for working capital and facilities are in the process of being reviewed

The point is tabby without funding they are sunk and to get it they are going to have to pay an arm and a leg.

Despite posting a profitable set of accounts MDX ends the day in the red, so my statement last night Tabby was proven correct. Of course the management are going to come up with all manner of phrases why they need additional working capital but the plain truth is visible to see in the accounts - 509k cash in the bank; they have cash flow problems and any debtors will only make that situation worse. MDX undoubtably have an interesting stream of products they wish to bring to the market, but without the capital to do so they cannot.

I can't see any reason to invest in MDX at the moment, especially with a fund raising exercise in the near future. When it gets to 10p it might be worth a punt. Incidentally, the chart looks absolutely terrible.

I've got a bet of 'who makes the tea' says it'll end Blue, not Red .....

Tab - Who said "to fund losses" ... MDX said they need additional funding to continue growth - and the current plan is to continue growth, so either funding is needed or the plan has to change!

Bert.you would buy a car knowing you are going to lose tens of thousandsbut not buy shares in a company in a strong trading position that needs additional working capital for growthwhich is perfectly normal.

By the way, if their trading position is so strong why do they need additional capital? Err, perhaps because the balance sheet is so weak?

Well they aint going to come out and say they need to raise money to pay this quarters VAT bill and pay the wages now are they tabby you plonker.

But thats how it looks to me.

Looks like their debtors are out of control too .

Paint whatever picture you want Dilyou normally do.and its always wrong Picasso!

23 million sales in six months and 21 million of debtors ...... errrr this looks very iffy.

What's your explanation tabby ?

My view is there is no immediate cash issuesCurrent price is pricing in a profit warning that did not arrive.23 million turnover 2.8 million profit and getting betterthe uncertainty has disappearedthe results speak for themselves having showed they are on track their credibility will be now be excepted..and I would say to all you crowd keep buying your Banks and leave us alone!