over last 12 months 1.477 bill shares have traded from all time lows at .004 since then it has has been steady accumulation IMO ,till recent high in AUG of .009 recent sept retrace has been on 312 mill shares as has all the spec mkt retraced,MED has done a text book %61.8 retrace .. i am %99 sure the $4 billion fund L 1 capital global opportunities fund who stumped up $500k & the new york jewish investment fund Regals capital management LP have done more DD then the average spec punter .. i still see MED on the launch pad , wont take much to light the fuse & joe has been in the mkts all his life when the time is right lift off will happen but thats a market if you cant see the insanely cheap current mkt cap for what is in the pipeline now then exit and pay 1 plus on the re rate when MED are in full flight .. i have been adding , i dont see many 5 to 10 bagger opportunities in the current mkt place that is on the cusp of sustained high margin cashflow profits ... SMR a classic at 10 before mining operations swung onto profitable operations now 86 TER 20 now 68 WHC 63 now $5.38 those who bought before the massive mkt re rates happen into profitable operations reap the rewards in what ever sector ,diamond mkt is red hot and prices are high right time right sector..luv or hate joe him and his mates have billions of shares in MED they have plenty of skin in the game to make this fly IMO
MED Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held