Share price increasing on low volumes, page-4

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16/03/22

18:27

Post #: 60233336
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Originally posted by Ivanovich: ↑

Someone of size has responded to recent roadshows - I can feel it as I'm competing with them. This is the beginning of the 3rd wave. First wave commencing in April 2019 at 20 cents was the market twigging to M7T having an offer with massive potential. All onboard for the med-tech train to the peak in Jan 2021 of $1.50. 2nd wave - classic 50% retracement for the next 15 months, volumes dropping each month as sellers are bought out. The 3rd wave is the biggest wave. Long term holders have soaked up short term sellers and the register tightens. Why do I like this stock so much, given I only own two stocks ? Inch wide, mile deep. It's the SAAS , US , medtech earnings that is the obvious attraction, but it's more than that. Companies are run by individuals and successful companies need competent leaders. I have had a number of interactions with Mike Lampron over the last two years and from my observation, apart from being a very capable and logical CEO, he is passionate and engaged to lead M7T to be a much larger company. It's not about the money, there's more to it than that......it's the " I can do it" and I have the opportunity. It's all about people, assuming you have a great offer, at the end of the day, the respect you command and the decisions you make. I backed Indy from FID at $1.50 and I'm backing Mike at 80 cents.

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I reckon that the removal from the all ords may have something to do with this?
Moves it out of scope for super etc and low volume algorithmic trading?
Anybody else have thoughts along these lines?
Don't be afraid to smack me down...

M7T Price at posting: 84.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 37.5¢		Change 0.010(2.74%)		Mkt cap ! $88.11M

Open	High	Low	Value	Volume
36.0¢	37.5¢	36.0¢	$91.12K	250.7K

Buyers (Bids)

No.	Vol.	Price($)
2	5679	36.5¢

Sellers (Offers)

Price($)	Vol.	No.
39.5¢	26000	1

View Market Depth

No.	Vol.	Price($)
2	5679	0.365
2	51137	0.360
1	10000	0.355
4	52555	0.350
1	15252	0.345

Price($)	Vol.	No.
0.395	26000	1
0.400	71231	1
0.410	106400	3
0.425	160000	1
0.430	57500	2

Last trade - 15.57pm 07/08/2025 (20 minute delay)

M7T (ASX) Chart

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Share price increasing on low volumes, page-4

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