I suspect its nothing more than unbeknown forces ensuring the SP stays above 0.5c before the closing date of the rights issue. But would not be suprised if we get an announcement in the next day or two to support the final push to rake in some dollars. That cynical twist aside, I am taking up my full entitlement and more, but the next few months are make or break for MED.
If the TOMRA finds a few big shiny rocks, we might be as popular as MUS (once was!)
MED Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held