A price rise is ideal, and the stagnant nature of the stock at the moment I wouldn't say it has hit a doldrums. I think of it as market stability. The market has quite strongly priced the company with its current situation at about 2.8 - 3.2 cents. No one wants to buy, but no one wants to sell either. Its not as sexy as a fast rise to 10 cents, but this demonstrates that there are firm believers in the company, but at the same time, equal amount of speculation.Personally, I sense confidence in the management team. If I wasn't confident, I wouldn't be giving my product to prominent experts within the market I'm trying to penetration (excuse my pun). As important as having a good product is the management of business development. Working alongside Monash, the leading IVF clinics in Australia, to support their commercialization is very positive and well-planned out. I'm assuming Monash will be providing MEM with important challenges and expectations of male IVF to ensure the product is fast-tracked for successful delivery.
I've said it before, the management team has been very thorough during the whole process of product release, and I'm definitely feeling confident with the company.
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $13.00M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $19.10K | 3.821M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4204169 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 5374720 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60206 | 0.024 |
1 | 14090 | 0.022 |
3 | 497619 | 0.021 |
5 | 649700 | 0.020 |
2 | 130000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 153799 | 6 |
0.037 | 18526 | 1 |
0.039 | 1200000 | 1 |
0.046 | 100000 | 1 |
0.047 | 1160000 | 3 |
Last trade - 15.56pm 07/11/2024 (20 minute delay) ? |
MEM (ASX) Chart |