| Posted: 01-Apr-08 at 11:35 | IP Logged
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Hi Hipster, 2GOOD,
Im holding a fair few MDC (for me). The co has now bought back just under 10 million shares, and intends to buy another 19 million, which will equate to 10% of the total issued shares.
The Drummonds have huge cash incentives to get this SP back above 10p, and I for one think they will get it there in the medium to longterm.
Profit making, cash rish company, along with company buyback, and regular Director buying.........makes MDC one of the best bets out there IMHO
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