Reaction to the $2.38 area is key, so far its bounced off $2.4 so short term uptrend still intact. We know instos have been accumulating and the latest 2.7M share parcel had been purchased at an average of $2.5 so I doubt they will let this sink any lower. Most likely just absorbing the supply resulting from ~1M shares coming off escrow, a supply that is almost gone, as volume has been decreasing.
FA wise a PE in the low 20s is undemanding for the 25-30% growth expected. The FY report will set the tone for the medium term trend.
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MVF
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0.31%
!
80.3¢

MVF chart, page-2
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Last
80.3¢ |
Change
-0.003(0.31%) |
Mkt cap ! $315.6M |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 80.3¢ | $1.278M | 1.569M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 166030 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.5¢ | 45022 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 60888 | 0.805 |
26 | 197652 | 0.800 |
16 | 163304 | 0.795 |
13 | 335286 | 0.790 |
9 | 89815 | 0.785 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 58989 | 11 |
0.815 | 61520 | 15 |
0.820 | 151925 | 19 |
0.825 | 111277 | 12 |
0.830 | 417462 | 13 |
Last trade - 12.16pm 28/07/2025 (20 minute delay) ? |
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