MDR 1.72% 28.5¢ medadvisor limited

I think management are somewhat responsible for the recent price...

  1. 718 Posts.
    lightbulb Created with Sketch. 6
    I think management are somewhat responsible for the recent price drop. There is not enough regular news flow. The speculative investors/traders expect regular news as it is as much psychological as fundamentals or charting. We recently had a huge EBOS announcement done and we have had no update in a month on what is currently being implemented or the potential revenue that this could generate. What stage integration is at with Terry White Chemist. An update from the O.S potential? How long they expect until we generate income from HPS or ZEST
    At the AGM it was advised we hit the 1 million users yet there has been no announcement to market. With the EBOS deal i would expect this number has jumped quite substantially.
    They could also release a valuation report and updated top 20.

    Management need to market the company to investors just as it does app users or lack of interest and uncertainty will continue to see the price decline.
 
watchlist Created with Sketch. Add MDR (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
-0.005(1.72%)
Mkt cap ! $215.0M
Open High Low Value Volume
29.0¢ 29.0¢ 27.5¢ $84.31K 299.3K

Buyers (Bids)

No. Vol. Price($)
5 209547 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 94066 1
View Market Depth
Last trade - 12.52pm 15/11/2024 (20 minute delay) ?
MDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.