Spot on with the CR call and it's placement.

First 7 Last

Share
Profile

Follow
DoubleDown!

4,558 Posts.

1993

03/10/19

10:12

Post #: 40701418
Share

Originally posted by futurenow: ↑

Despite the good work with UK and Malaysia deals in recent months the threat of a CR looms over the share price.

EBOS could come to the party.

Regal might be another option. The cynic in me might assume this is the reason they recently bought in (75M @ 5c = $3.75M).

There was a CR at 4c for $8M (200M shares) in October 2016 to fund the Healthnotes acquisition.

EBOS then bought 165M shares at 5.75c in October 2017.

October is next month and Management seem to time big announcements around their AGM. Speaking of which, the report quotes Tuesday October 24 as the date which is wrong.

If they need to raise I hope they do it on the back of an acquisition/international expansion/cornerstone investor announcement and not position it as working capital.

Previous CRs have been done at a premium to the share price. EBOS paid 5.75c per share when it was trading at 4c. I hope the slump below 5c isn’t manipulation by our recent funds management partner trying to get more for less.

Back to my other favourite topic, the comparison with PCK and ALC. ALC announce a deal with Healthscope for $895k over 3 years and their share price jumps and market cap hits $200M. PCK recently cracks $300M MC.

MDR announce Day Lewis (UK) and Klinify (Malaysia) who will both bring ~5% increases in revenue in the first year and we don’t move the needle.

Expand

Spot on with the CR call and it's placement.

MDR Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

RCE

Recce locks in $30M to boost commercialisation across ASEAN region

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 8.0¢		Change 0.001(1.27%)		Mkt cap ! $49.98M

Open	High	Low	Value	Volume
7.9¢	8.0¢	7.9¢	$45.78K	576.6K

Buyers (Bids)

No.	Vol.	Price($)
1	120000	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	60937	1

View Market Depth

No.	Vol.	Price($)
1	120000	0.077
3	172644	0.076
1	46500	0.075
3	116554	0.074
2	250000	0.073

Price($)	Vol.	No.
0.080	60937	1
0.081	100108	1
0.083	4243	1
0.084	110000	2
0.088	1944	1

Last trade - 16.10pm 17/06/2025 (20 minute delay)

MDR (ASX) Chart

Spot on with the CR call and it's placement.

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Recce locks in $30M to boost commercialisation across ASEAN region

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Spot on with the CR call and it's placement.

Top Stories

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Recce locks in $30M to boost commercialisation across ASEAN region

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News