MVP 3.30% 47.0¢ medical developments international limited

new all time high, page-32

  1. 377 Posts.
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    Often Founder / Directors hold large parcel of shares often do not see their share price rise to a level they like because of liquidity issue.

    Ultimately it's a choice between a large percentage of small share price (or small cake), or a smaller percentage but an increase in share price (bigger cake).

    Given this was sold to institutions at $5.40, at least we know that they will do their utmost to promote to their wider market, hence the rise in share price we've seen recently.

    If this wasn't done - I believe we'll still be stuck at $4ish pretty much forever with lack of exposure (in terms of investment roadshow, presentation, etc)
 
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46.0¢ 47.0¢ 46.0¢ $6.712K 14.58K

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4 17352 45.5¢
 

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47.0¢ 17286 5
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