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Ann: Sell down to Institutional Shareholders by J Swinnerton, page-17

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pedro23

9 Posts.

18/04/20

14:24

Post #: 44117312
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Originally posted by futurenow: ↑

Why would he hock his shares at 33c, when it closed at almost 45c yesterday?

It was trading above 50c only a couple months ago and reached 60c+ on some big volume.

All of the announcements from the last few quarters suggest international expansion is set to generate 'significant revenue'.

This announcement quotes new and existing institutional investors.

I would have taken up some if offered at 33c.

Time will tell if the share price drops to this level.

But it's a really odd time to sell such a big chunk of his holding and at the price he did, knowing the next 3 months of news.

Perhaps there's some dissent in the hierarchy?

Josh started the concept, but obviously when you list and become a public company, control and direction is relinquished. There's been a number of new appointments and I believe the Company Secretary is also set to retire soon.

Methinks a call to HQ is in order.

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Hi futurenow, yes I agree it’s not a good sign that Josh tipped his shares out the way he has.. did you get to speak to anyone from the company?

MDR Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 43.5¢		Change -0.005(1.14%)		Mkt cap ! $239.4M

Open	High	Low	Value	Volume
44.5¢	45.0¢	43.0¢	$172.1K	392.4K

Buyers (Bids)

No.	Vol.	Price($)
2	17095	43.0¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	17207	2

View Market Depth

No.	Vol.	Price($)
2	17095	0.430
2	18682	0.425
2	15500	0.420
1	14084	0.410
1	123432	0.405

Price($)	Vol.	No.
0.435	17207	2
0.445	25489	2
0.450	334020	7
0.455	364497	3
0.460	265275	4

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last 43.5¢			Change -0.005 ( 1.14 %)
Open	High		Low	Volume
44.5¢	44.5¢		43.0¢	62711
Last updated 15.55pm 17/06/2024 ?

MDR (ASX) Chart

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