I've spent tonight trying to collect the data and get all of the facts straight (e.g. the exact circumstances of Rio not developing the mine and the degree to which MED will produce better stones). I'm just really trying to get to the bottom of why the apparent value is so high, yet the share price is incredibly small. There is a point where a company isn't unknown, and it is just being ignored. There are just so many unanswered questions about the current price.
Also, somewhat unrelated. I was wondering why the price of MED has historically been so high. Information is kind of hard to find regarding the company's history, but am I missing something as to why the price was $1 in 2010. I know there are twice as many shares on issue now, but that certainly doesn't explain the disparity. I imagine that there is some piece of information that I'm totally missing, but I'd be fascinated to find out the answer.
MED Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
