All shareholders are looking for at the moment is a base hit,...

  1. 4,217 Posts.
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    All shareholders are looking for at the moment is a base hit, not even a home run.

    I believe Management envisaged a very different few months.
    • November - Institutional raise at 45c, not 38c
    • December - Retail takes 100% of their entitlements, not 20%
    • January - December quarter share price excitement holds, not drops
    • February - HY Report invites potential bidders, not crickets
    • March - Swinnerton sells his holding at 38c (or higher), not remain a holder
    • April - New sub holder (perhaps Regal again) pumps price with new volume, not at 52w lows
    • May - Syneos sees a climbing share price and converts notes to shares, not seeks repayment
    Was it Regal who screamed the loudest in November not wanting to pay 45c, putting the skids on the share price and all the preceding, potential news?

    I suspect it was assumed a deal for Swinnerton's 15M would have been completed and some sandbagged announcements would have followed.

    Is it Regal who is punishing the share price after not being given the allocation?

    Are they selling out or just choking any movement? How much do they still hold? A few mill?

    If Regal wanted 30c for 15M shares, Management should bid 29c to buy them out?

    I assume Regal would reject that offer, just like Swinnerton might have.

    The next announcement is likely to be the March quarter, which is still 6 weeks away.

    This week last year the share price was in the mid 30s and the trigger for the rise in April and May was Regal grabbing 10M shares. History hasn't repeated with a new sub holder (yet) so it will be interesting to see what happens.

    Management need to build momentum with some successive, positive, revenue earning announcements.
    • March needs to show $12-$13M+ revenue and reduced losses than previous quarters.
    • The UK MedAdvisor app needs to be demonstrated as live with a named NPA customer.
    • US Insurer customers signing up.
    MedAdvisor has begun increasing investor relations efforts in the US following recent inbound interest from investors, as part of a strategy to ensure the company has appropriate investor coverage in its key markets.

    Let's hope this results in some buying interest. Could this be a shot across the bow of Regal?

    Of course, my posts and assumptions could ALL be wrong and I'm just an agitator to Management, but I've seen the share price drop over 50% in less than 12 months, so I'd like to see this company with a market cap that reflects it's new acquisition and revenues.
    Last edited by futurenow: 22/03/21
 
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Mkt cap ! $50.02M
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Price($) Vol. No.
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