Reserarch done, patience held and I’m in just a small purchase of $4k.
New CEO (a great time for change/shake up) this give me confidence with his background from cochlear)
Directors buying
Low PE
Good Dividend (I’ve accepted this might be cut/scrapped)
Managable debt $92m
Good market share and room to take more)
I’ve read the info on downgrade, cycles down 6% while overall markets rose, 20% expected down on last year profits etc but at this price I’m comfortable I’ve brought at value, and happy to sit tight until the market takes it north.
My Target:
1.50 - 1 year
1.75 - 2 year
Good luck all.
Ann: Change in substantial holding, page-6
Add MVF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.12 |
Change
0.005(0.45%) |
Mkt cap ! $465.6M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.11 | $879.4K | 785.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 24307 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 49069 | 4 |
View Market Depth
| Last trade - 14.36pm 19/11/2024 (20 minute delay) ? |
| MVF (ASX) Chart |
