MDR 2.27% 45.0¢ medadvisor limited

I'm sure mgmt thought that investing in a JV in Asia and...

  1. 2,851 Posts.
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    I'm sure mgmt thought that investing in a JV in Asia and attempting to launch medadvisor in the UK would also be of value.......unfortunately millions of dollars later those were abandoned

    interesting on the 6m shares traded after close......pretty significant (~1.5% of the total shares on issue), so would be interesting to see whether this is a new substantial holder and/or an increase by an existing holder (perhaps a holder cashing out given there was decent dilution at 14c ~18mths ago

    either way, lets hope the decent profit for 1H24 supports the price at this level and we hear further updates on how they are aim the keep FY24 profitable and cashflow positive
 
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