re: mgz medigard - some run!
Actually it listed at 47 cents and 5m shares traded above 40 cents that day. Thats a quarter of all shares on market on the first day. (I tried to get in on the offer but it was 2 to 3 times over subscribed and missed out).
Since then another 5m have traded it down to 27cents over a few weeks. The last few days have seen very slim sellers, so I would say that the stags have left and those who really know what happening are staying.
One would normally expect an interesting update announcement 2-3 weeks into a float :)
MGZ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
