Yep - I managed to pick up another 4,500 M7T shares @ $1.16 today.
And have placed another 3 x buy orders at slightly lower share prices - should the SP ever reach those levels.
Given how far the SP has retreated since the 4C in January, I went back and re-read all the recent M7T announcements in detail.
Clearly the revenue decrease & EBITDA loss in the half yearly spooked a few investors, but I thought that management did a pretty good job of explaining the reasons for this.
With the mid November 2020 $5.3m TCV Trinity Health & end of January 2021 $7.9m TCV Adventist Health deals being recently announced, and given the HAHK $3m in orders are being recognised as revenue in the second half of 2021 - there is no doubt in my mind that both cash receipts & revenue growth for M7T will be very strong in this half.
Which should combine for another great full year result - despite the challenges resulting from COVID.
With hospital purse strings appearing to open up again over the past few months, the future looks really bright for this company.
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Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $130.2M |
Open | High | Low | Value | Volume |
55.0¢ | 55.0¢ | 52.5¢ | $35.02K | 65.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 50310 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.530 |
6 | 14049 | 0.525 |
4 | 28713 | 0.520 |
1 | 13000 | 0.515 |
3 | 17798 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 950 | 1 |
0.550 | 50310 | 2 |
0.560 | 23089 | 3 |
0.565 | 2970 | 2 |
0.570 | 36000 | 2 |
Last trade - 15.52pm 17/09/2024 (20 minute delay) ? |
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M7T (ASX) Chart |