I'm also not sure why this announcement triggered a buying spree.
No shares were sold, bought or changed hands, it's a reporting update to mention the new orgs that now have a bite of Cotiviti.
https://www.fiercehealthcare.com/he...take-11b-analytics-firm-cotiviti-media-report
I doubt anything will change. Selling off their investment in MDR might pay for an Exec bonus, a few months of cloud hosting or a long lunch. With the MedAdvisor business taking Adheris from a clunky paper based mailer to digital and all the benefits and optimisations with analytics, aligns with Cotiviti's vision.
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Last
57.0¢ |
Change
0.010(1.79%) |
Mkt cap ! $313.8M |
Open | High | Low | Value | Volume |
56.5¢ | 58.0¢ | 56.0¢ | $303.1K | 527.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16390 | 56.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 28328 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16390 | 0.565 |
5 | 66966 | 0.560 |
2 | 12816 | 0.555 |
5 | 54090 | 0.550 |
1 | 4000 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.570 | 28328 | 2 |
0.585 | 10000 | 1 |
0.595 | 54880 | 3 |
0.600 | 555709 | 6 |
0.610 | 3846 | 1 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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MDR (ASX) Chart |