Ann: Trading Halt-MDR.AX, page-35

'might' is the big question on that one.

That was a pretty solid ann. yesterday. Strategically really sound - that could herald a rerate - and the gap may stay there forever as a breakaway gap.

Or, of course, it could in the normal little market ASX way of things cover then get on with it.

It's very hard to say with this company -

someone asked yesterday about critical mass and when it would happen here IMO -

hmmm, well - I looked up the definition of critical mass - and technically - one could easily say we have it already.

It comes down to definition - by my 'feeling' we don't have critical mass yet - but, another 20% ish of penetration - and if the GP's get on board - we could probably be seen to be close to achieving it.

Funny term - too fluffy for me to get a handle on.

And, with this business - and the gap -------- I just don't know - it is certainly ground floor stuff- but, in an area that I am just not certain on - and, if others are similar - then the gap may well be left behind or not.

What I mean is - that it is very clear that these guys mean business - and, they are definitely getting the runs on the board in what they call the land grab -
and, yesterday and the diabetes connection is a very big deal in that - they are clearly achieving what they said they wanted to achieve.

Also - they know what markets/areas in the world are set up nicely for this - and, more importantly know where to stay away from (ie. not waste money and time) -

And that's all great - and, on the strength of that - IMO - I could see this SP right from here being worth a lot more - and, goodbye gap -

but, the question then, at the end of the day is - how will the monetisation work - and, how well.

One of the things I like about this team is that they know they are in uncharted territory - they not only know it - they verbalize it.

Now - that's exciting - but, it's just like being an explorer and being the first in new lands or waters - you just don't know how it's going to go -

someone is going to find a fortune here - if it isn't MDR - it will be someone else - a real Eldorado - but, only time will tell.

So far - so very very good - and, if one can judge progress by yesterday and lately - then, they really have changed gear and the drive is smooth.

what the chart says about that ???????????

all IMO

have a great day all

Pinto