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.

tabasco,

I have noticed BM has gone quiet too!

Many people on ADVFN are epxecting a huge premium above the current SP for an offer, should one arrive.

Generally speaking, a bid premium is around 30% above Sp, 40% is very good, so on the basis of the current price, I would be surprised to see a bid higher than 50p.

Some people think it will be 150p, well I am not aware of a 500% premium ever being offered, so expectations are probably set too high in some cases.

If people scent a bid coming, the Sp will of course rise, and the same premium percentages would raise the required bid price, so it may be higher, but noting like 150p IMO.

Andy.. I am long termI have no delusions of fast fat profitsyou have never seen me seriously predict a pricethe company is full of mysticand I am intriguedthey never big themselvesfantastic TU told as a profit warning negative news in Mail before a single tradewhy? There is always a reason!!!! If you have time go over to the other side and read posts from 101141.

Two big trades gone in against!

Any bid (if there is one) premium will be calculated on an SP based on a level playing field, which we currently don't have ....

Todays trades have continued in the same manner as the past few months .... no matter how many buys go through, they are nullified by someone/group who are convinced they can sell at anything above 30p.This still leads me to conclude that, as the shares are not there to sell in the first place, they can only cover the trades from their allotment from a future placement, probably at 30p. The fact that a section of major shareholders have gone to so much effort to block any such actions by the old board members convinces me that I'm not alone in my thinking, and serious efforts are being made to force this blatent abuse into the open, burning the fingers of those involved, and allowing the company, and more importantly it's SP, to better reflect a market based on 100% of share issue, and not a future expanded share issue.

oooohh, touched a nerve there, alright! Biggest dump in ages :-)

Bertits laughablethis is because there looks to be an agreement yet to be announcedhttp://www.iceoperations.com/ look at the company web and on the left under formulations IP. you can see the similarities!!!
Have mdx an agreement with ICE pharma??.. Cant possible let us know!.there is only going to be one winnerthis is getting more fun by the day.

littlebert,

"Any bid (if there is one) premium will be calculated on an SP based on a level playing field, which we currently don't have ...."

Sorry but I doubt that....

WRT to a future placing, didn't the shareholders rejected an issue of 100m shares at the AGM?, so how can they have such a placing to satisfy the needs of the shorters you are talking about?

I don't disagree with the principal of what you say, you are correct that it happens, indeed it certainly happens on the TSX all the time, just wondered how you think MDX might achieve it here when it has already been rejected?

And why exactly do shorters need there to be a rights issue ?

Some of you are living in cloud cuckoo land.

The City's watchdog has responded to recent stock market turbulence by announcing new rules for investors who bet on big share price falls.
The Financial Services Authority (FSA) said it was concerned over the higher potential for market abuse through investors exploiting market uncertainty when firms are raising cash through rights issues.
Short-selling, or "shorting", is when investors borrow stock in a company and sell it in the hope of buying it back at a lower price later to return to the original owner - pocketing the difference as profit.
Smaller investors were put at risk by the practice during rights issues and it also had the potential to damage the UK market, the FSA said.

Andy - this started before the meeting at which the shareholders blocked the new 100m shares ... leaving those who had already begun to short down to what they had been assured would be the the new issue price in limbo .... however the blocking action has resulted in a stalemate .... if an issue takes place, those concerned are 'bang to rights', if it doesn't they take a financial hit....

Dil - you know full well why shorters would need a rights issue to cover their positions... the alternative is to buy 'real' shares, thus driving the SP up past where they stand in the market - so taking the accompanying financial hit!

This has dangerously become a 'pissing up the wall' contest between some stubborn bods, with MDX caught in the middle .....

Huh???

Well done Bert great answer!..thank Frankie Abbott someone knows the position with mdxa definite promotion on the way my son!

...or more likely spirited away in a black 7 series, never to be heard of again :-)
As for Mr Abbott, surely not harking back to The Fenn Street gang?

I'm not anti-shorting, it's just that, especially with AIM listings, some take it way too far - where I agree an allowance of somewhere around 10% tolerance of share issue may help in certain markets to muster interest, 100%+ overselling is not uncommon, which only leads to profiteering at the expense of existing shareholders....

the logic was lost on me too pt :-)

They still have to buy them back at some time whether there's a rights issue or not so what's the bloody difference ?

What MDX needs is someone with at least half and idea of what PR is about, that would be 100% better than what they seem to have at present!

Kim they dont want to tell us the goodies they havenext questionwhy?.have a count up on all the BBsthere are thousands of questions put to the bodthey are unable to disguise fundamentals which are greatbut they can mute good newswhich they doit is quite common to be economical with the truth if you have something to hidebut bordering on insanity if things are going wellRevenue growth in H1 2008 of 270% to circa 23.5 million from 8.7 million in H1 2007: results in line with Meldex's budget and towards the top end of market guidance.things are going well! They have a pipeline to die for that investors cannot keep up with.Now you draw your own conclusions like we all haveand like Bert said it is not a level playing field there are probably more than one factor...butend of day imho.. deliberate damaging manipulation!

Total b*llox , wake up and smell the coffee tabby.

Hmm, well I think a simple statement along the lines of - The directors of Meldex know of no reason for the recent weakness of the Company's share price - might just allay a few investors' unease, otherwise some may begin to think there is a problem!

How can they kim ... they're all shorting the ar*se off it if you believe this lot :-)

No smoke without fire eh? ;o)