Outside the Ballpark

I love these situations where the share price falls off a cliff for a reason unknown to shareholders.
MED share price has definitely not fallen due to day to day operations.
The company has only recently commenced an extensive drilling program on highly speculative dirt.

Share price seems to have fallen or due to a fallout with Triple C stockbroking or some other negative Gutnick actions by discontent shareholders.

Don't forget Triple C received 20 mill ords & 10 mill oppies as part of their fee for the recent capital raising.
Besides this, they placed the shortfall in excess of 200 million shares. Who knows what % was taken in-house or to accountholders under the control of Triple C ?

Regardless, it won't be long to sort out these disgruntled shareholders (78 mill shares traded in last 7 days) & the share price will be well north of ONE cent in the short term.

Enjoy the ride !