Im not so sure.
Anemic growth versus prior year despite price rises across the board.
Manufacturing costs are still rubbish, YTD higher than prior year despite the cost cutting.
And finally, good old Brent now ready to go spending again "we plan to increase our investment in the year ahead."
Still a bloated board that doesnt seem to add any value whatsoever and remuneration out of control given whats delivered.
If you look at the stated growth, its in $ so if you look to units sold did they actually grow sales of this metric vs prior corresponding period ? Selling less units for more $ isnt sustainable growth.
If they focused on reducing manufacturing costs to drive improved market share via competitive pricing they would be blowing the numbers off the top of the chart by now. (Selling more units and gaining share IS a path to sustainable growth).
Nope, they took the easy route and I reckon everyone knows it. I feel they must have some manufacturing limitations or zero expertise in this space given the consistent inaction. Maybe the contract partner has them over a barrel?
Brent MacGregor still hasnt bought the shares he committed to buying years ago, board dont buy shares, just take the fees (which they omit from reporting in the quarterly by the way which is another tell).
MVP - Big opportunity & bigger disappointment. Often the case with ex CSL seniors it would seem.
Lets hope they can at least get the EMA decision across the line.
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medical developments international limited
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55.5¢

Im not so sure. Anemic growth versus prior year despite price...
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Last
55.5¢ |
Change
-0.055(9.02%) |
Mkt cap ! $62.52M |
Open | High | Low | Value | Volume |
59.0¢ | 60.0¢ | 53.5¢ | $58.18K | 104.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19022 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.5¢ | 1800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19022 | 0.555 |
1 | 3000 | 0.545 |
1 | 3500 | 0.540 |
3 | 33688 | 0.530 |
1 | 1000 | 0.525 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 1800 | 1 |
0.600 | 390 | 1 |
0.605 | 35000 | 1 |
0.630 | 2521 | 2 |
0.640 | 5303 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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Ron Miller, Non-Executive Director
Ron Miller
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