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.

LoL, you can see why he's my hero scotinvestor, without doubt the best trader posting on AM, he even lets everyone know his holdings and how many. I can't think of any other successful trader who is willing to share that information. Magic stuff for which I'm (and I am sure everyone else is) so grateful. If I had to split hairs though I would say I'm a bit concerned about his dependance (total lack of knowledge) on the buy/sell columns, but I'm sure it was just an over-sight and nothing to worry about ;)

Christ you wrote four lines on your own without a safety net and no cut & pasteId stick now your behind.
With you thinking Im the bestits going to change my whole lifeAston Villas. Lear Jets.and of course a Wendy House for my Mr Potty..
You were complaining you never know about my awesome tradeswell now you do Mr Potty.put up or shut up! Better still. stick to betfair.its more your type of site. No sorry I meant betterware.
Now for Christs sake go and bother Zippy.tell him Scottythe mans? A buffoon.

Is he gone?
Were the f....................rank rijkaard did Mr Potty come from.The French Connection must be in some Puerto Rico loony bin..Ill get the Foreign Secretary to check that outBert.. you couldnt send Potty off to Kandahar.tell him its a free holiday18 to 30 and so onIm sure he will take the bait! Hes a little unstablefit in well with the surroundings.

Off thread guys, a potential bid is on the cards.

For Immediate Release 17 July 2008




Meldex International plc




Potential Offer




London, UK: Meldex International plc ('the Company'), the specialty pharmaceutical and healthcare company, announces that Steve Martin, the Chief Development Officer and Board member of the Company, has made an approach to the Board of Directors ('the Board') seeking permission to explore the possibility of making an offer for the Company.

Oh look - as if by magic, a cheeky bid appears ........ about as predictable as they come.. it'll be sub 70p / share but designed to flush out something nearer 1 / share.

I think your right Bertsmacks of a designer offer.

quid by xmas lol

Good morning Dil.didnt quite get that one?explain. And please dont ask your mate back!

Well last time someone announced an approach everyone assumed it would be at a premium of around 150% so why can't I this time ?

:-)

The board may accept a lot less than supposed. I think there are going to be a lot of management takeovers of smaller companies at depressed prices and a lot less than the real value of the companies.

I hope that this is not so in MDX case.

have you noticed that along with nearly all shares atm, they have made the spread so large that you can't even day trade it. The price goes up and down but never leaves the spread significantly.

That was a little tongue in cheekyou know I never get over excited Dilalways happy for small mercyand all that jazz.Morning Fred.if the bank balance is going up its good news!

whats going on?

ft and daily mail said early in year that bid would be NORTH OF 1. nothing has changed in company.....in fact products are well ahead in many areas so offers should be even higher.......cant imagine any shareholder agreeing to anything less than 1 quid....especially as most shareholders are 70p plus......in fact this was 8 million loss company years ago and was at 160p!! now its in handsome profit and about to rocket in next 2 years.....work it out

Management buy-out on the cheap, prior to the good Trading Update.
There going private, for the next two years of fantastic growth, then relist on AIM at around 2.
This may be illegal and the FSA should be involved (but never do).
Let's just hope that we get at least 70p for our shares.

MM's don't want small company shares on their book. They know that if they put the price up to where it should be, you'll sell back and they don't want that.

But here's a thought. Perhaps you can't sell back to them because your shares are out on loan so the MM's have to keep the price low because much more people own them than there are shares. Corrupt eh but would explain what is going.

they cant offer less than 70p when they have long term holders at 70p / 80p plus.

can we not hol onto them for 2 years until they bring them back on aim for 2 quid then?

Remember paragraph three of that BM quote.
:- 3. In the event that no acceptable offer arrives, and the BOD prove to be incapable of delivering going forward, then take it private, restructure it and trade sale or float it in 3/5 years. Such a route would not preclude current shareholders staying in for the upside (I stress, my opinion only).

Read into that what you may?

but he did say 1st route was t/o......then to look at management before route 3.

i did say t/o would be happening in last 2 weeks but dil laughed at this.......and i did say it wouldnt happen so quick early in year......the sp being hammered by mm's has pissed of mdx board.

I see theres lots of names back on this board. Refused bid was circa 95p-115p! Now all parties can re-enter. Anyone wats to buy the company will have to buy from Barry remember and what did he pay for his shares.......circa 90p!

Great call Dealer!.hope Pt takes note.