@futurenow , advertising at HC is definitely not what I am...

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    @futurenow , advertising at HC is definitely not what I am talking about. I doubt that there will be anybody who buys based on a HC promotion if they haven't heard of MDR before. That is more brand promotion/awareness rather than anything else. I am talking about face to face presentations to brokers (and/or their retail clients directly) for a sustained period of time. It takes time and effort but works.

    I never intended to imply that the sp only moves if the buyers are retail or brokers. It is all ultimately about having more buyers than sellers. There are two key issues with NOT having a good retail/broker following:

    • Nobody is there to pick up stock if one of the big cornerstones start selling;
    • On good news, the buyers are simply filled by holders who take advantage of the limited liquidity (hence we see no serious, sustained increases in sp).

    To pick a low point of the sp and compare it to todays price is not quite right in my view. If you look back over the last three years, the sp has oscillated and on any good news you get some volume through, the price pulls back and it sits there again until the next announcement at which time the cycle repeats itself.

    We are fortunate that Management and Founders have held on until now (with one exception) but I know that some of the people in those categories are also getting restless.

    Enjoy your day.
 
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(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $49.98M
Open High Low Value Volume
8.0¢ 8.1¢ 8.0¢ $39.78K 497.1K

Buyers (Bids)

No. Vol. Price($)
3 370000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 75865 2
View Market Depth
Last trade - 15.11pm 20/06/2025 (20 minute delay) ?
MDR (ASX) Chart
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