Could there be a large holder exiting?
Whenever there's a large bid order around 3c it's sold into.
The month of May has seen some 1-2M days.
All selling is coming from off screen which is evident by the thin sell queue.
To buy yesterday's volume you'd have to take the price to 3.6c.
I was wondering why Management aren't buying with the share price this low as a number of Directors recently bought at higher levels.
They bought on market when there was an opportunity. I suppose the answer is the same as above - they can't. No one is offering anything.
Ann: MDR Mar-17 Quarterly Report and 4C, page-28
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $228.7M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.0¢ | $9.164K | 21.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27332 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 12344 | 2 |
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| Last trade - 12.23pm 04/10/2024 (20 minute delay) ? |
| MDR (ASX) Chart |