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Ann: Medibio Signs Agreement with PwC Australia for ilumen, page-316

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Glitterati

10,404 Posts.

2820

03/12/19

14:40

Post #: 41770615
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Originally posted by Glitterati: ↑

I'm with you there, the trading patterns for this company are really weird. With that HUGE lift in volume the other day, I was certain there would have been an ann by now but nada.

I really believe in this stock, the product is great, but management is probably not pushing it as well as what it should - perhaps with the stale directors gone, things might turn around. Having said that, you look at the ASX today and it's a sea of red but MEB is in the green so I think it has got a loyal fan base and people do see great potential in it. If we keep winning these contracts with major companies, the tide will turn, and when it does, it will happen quickly IMO. This is so undervalued when you look at the major emphasis now on mental health and what this company has to offer.

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Also, relative to the MC of our peers, we have some catching up to do, and there is no reason why we can't have a similar valuation or significantly greater for that matter - I think MEB's offering is far more useful than some of these others - you know who they are.

MEB Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change 0.004(26.7%)		Mkt cap ! $8.683M

Open	High	Low	Value	Volume
1.8¢	2.4¢	1.8¢	$425.0K	20.96M

Buyers (Bids)

No.	Vol.	Price($)
2	111849	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	157329	2

View Market Depth

No.	Vol.	Price($)
2	111849	0.018
7	1606116	0.017
8	1613687	0.016
7	927373	0.015
2	850000	0.014

Price($)	Vol.	No.
0.019	157329	2
0.020	285263	2
0.021	670526	4
0.022	805263	4
0.023	359266	3

Last trade - 15.58pm 07/11/2024 (20 minute delay)

TRI (ASX) Chart