Medadvisor rebranding

  1. 4,217 Posts.
    lightbulb Created with Sketch. 238
    Ha!
    I don't think changing their logo, colour scheme and fonts is considered price sensitive.
    I got this email too.

    But it goes back to @Varuka's point. They are promoting themselves to the wrong groups. This would have been circulated to existing retail holders. Management and their Advisors should pound the (virtual) pavement and get their name in front of brokers.

    The Top 20 hold ~75% of the company.

    With a market cap of $125M, the daily trading volumes are tiny.

    Look at other orgs of that size and you might see millions of dollars changing hands each day.

    There's ~245M SOI and this leaves ~180M in Top 20 hands and ~65M in the soup.

    Perhaps the lack of float outside the Top 20 discourages brokers in advising clients or taking positions.
    Last edited by futurenow: 17/03/21
 
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