Not much coverage here by investors.
A large fall earlier this year became another fall today as the company asked for 5m more. Their earlier projections were wrong and so the sp was way-off.
This is a niche market and one hopes it comes good - creating new products that we cannot dream of.
However, private investors have been poorly served; that's the risk you take jumping-in too soon.

The Placing was at 20p and today the buy price is 25 so you are paying nearly 25% more than financiers who have greater insight.
I may buy if it reaches 20p to Buy, I'm guessing.

MED down a bit more today ...no RNS... Looks like finding Cash is not going to be easy - they should try elsewhere, but probably don't like the loss of ownership that creates.
IF this IS a Biggie ( with portable displays, low-power etc...it's the answer for Ipod "Movies on the Move!" - IMHO )....why don't Banks understand this....instead of investing in "financial funnies" - like sub-prime?


Investing in wealth-creation isn't "easy" - but it's far better (for UK plc), since it creates more customers (for the Banks etc!). Also by keeping it in the UK we all benefit. This sub-prime lunacy by our Banks has cost every M-W-C in the country, by way of increased Bank charges, Mortgage woes and dramatic House-price falls. Add-in Pension falls, and - - Grr!

Anyone seen MED's devices?

EDIT
Monday 18 Aug08 - just 30 drops the sp 7% - Ooo-er. . . . and still no Co news - We might see a Placing - at 2p - anyone listening?
EDIT-1, 02Sept08- No it's fallen to 1.25/1.5, so there! EDIT-2, (close)- 1.25 - 2p dropped 33%
-Next Placing at 1p - IMHO . . .!

30% uplift - for no obvious reason - doesn't this require an RNS . . . even if only to deny a takeover, etc.?

EDIT 10Sept08 - +20% for Buys=500k, no sells -Last Buy at 2p (70% above trade 20mins earlier - for ?800-worth.)
If someone knows something - I suspect some of these are Sells. Still no RNS.

EDIT late Sept RNS,
Read the bit about refinance . . . . oh deary. - still the Turnover is up, but despite last year being zero, it still isn't enough to pay Directors' salaries . . . . . 1p/1.75p