MDC 0.00% $6.60 medlab clinical limited

News: MDC Medlab Clinical Says Co Executes Heads Of Agreement With Pharmascience Inc, page-4

  1. 3 Posts.
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    @CliftonSlvers - I would have thought upward price action yesterday would be more suspect before an announcement like this? I agree though - love this company.

    There's been strange downward pressure on MDC since the oversubbed cap raise at 90c early last year, which has made me suspect at times that some of those new shares were lent out to shorters? (Might be time to cover if so, fellas). Also some weird small parcel alg trades occurring regularly, but they seem to be par for the course on any stock these days.

    I'm hoping continued good news like this will soon clear the resistance in the mid 40s and get us back to the 70-90c + range MDC comfortably lived in throughout 2016-17. There's been a lot of sales growth, R&D progression and general advancement for the company since then, and as others have pointed out, Medlab also has a lot more going on in addition to the medical cannabis market
 
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