MGZ 4.17% 2.5¢ medigard limited

medigard moving ahead

  1. 3,255 Posts.
    Just checked the Medigard website and found they have done a major revamp with heaps of new information. Also very pleased to see that they are heading right into production with Concentric to build moulds and dies to strengthen their patent rights etc.

    medigard . com . au

    Share price is currently doing the post float slide on small volume. On the day of the float 25% of listed shares traded at well over 40 cents and 50% traded at well over 32 cents in the next few days. So only a small remainder in the hands of original investors and the bulk in longer term holders.

    I suspect we will see some very good news regarding international manufacturing licencing deals shortly.

    I have also been recommended as a stong buy on this one, but waiting for around 22cents to buy again.
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