MDR 3.45% 30.0¢ medadvisor limited

This stock will go nowhere until revenue is assured While I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,066 Posts.
    lightbulb Created with Sketch. 225
    This stock will go nowhere until revenue is assured

    While I would much rather see $ booked and disclosed (than not) I disagree this will go nowhere until then. How often is it the expectation of revenue that drives a sp on the ASX? Very often. MDR has been listed for not even 6 months and it's in the marketing and "distributions" phase. If one is chasing stocks with fast growing revenue, the $100-200M mc space is more the place to be, in general.
 
watchlist Created with Sketch. Add MDR (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.010(3.45%)
Mkt cap ! $215.0M
Open High Low Value Volume
29.0¢ 30.0¢ 27.5¢ $254.8K 889.6K

Buyers (Bids)

No. Vol. Price($)
2 39326 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 2917 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
MDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.