MLA 0.00% 8.5¢ medical australia limited

tight holdings just stretch the elastic more, page-5

  1. 1,134 Posts.
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    I am very surprised that the SP is not closer to the 6/7c area after the quarterly. I think the market is waiting for some more OEM partnerships to form before the big money enters.

    The other thing is that the company is in a turnaround period where investors still want to see consistent profits before they commit their hard earned cash.

    A quote from the 15th November company presentation:
    "Build a profitable $50m business by 2012"

    I thin the way the management are working this is highly achievable and will reward us well.

 
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Currently unlisted public company.

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