It's a good question.
I had a quick look at the last 12 months Trading History and there has been ~20% drops in a single session but these occurred at higher levels. Open high 3s, Close at low 3s.
A few theories:
- a large holder wanting to exit at any price.
- the adage of 'stay away in May'.
- pre-EOFY selling for capital gain losses.
- insider not liking what they see next quarter.
- bots / brokers.
Trading volumes sub 3c has been low, so any pickups here could be good for those with some gumption.
I've just noticed a 2.8c trade (77,883) went through with the same order reappearing immediately after.
Ann: MedAdvisor Partners with US Company iHealth Labs, page-22
Add MDR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $220.5M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 40.0¢ | $43.65K | 108.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46211 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 16830 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| MDR (ASX) Chart |