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45.5¢ medical developments international limited

happened again today. A buyer of 3 shares pushed the price from...

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maxybro

2,702 Posts.

475

23/03/23

17:20

Post #: 66927610
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Originally posted by maxybro: ↑

The claims that for whatever reason the share price is being "controlled" is nonsense. It's obvious there is a seller in the stock and with not much liquidity in the stock it's having a big effect on share price. Also notice a buyer with a very small amount of shares pushes the closing price up on the close. My guess is this is the seller trying to make things look less weak in order to draw in some buying for next day to sell into. If and when the selling is finished we should see it bounce back.

If the fundamentals and sentiment are positive no amount of "controlling" can keep a share price down as buyers will soak up the selling.

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happened again today. A buyer of 3 shares pushed the price from 103 to 109.

My guess is this the seller and it means more selling to come.

MVP Price at posting: $1.10 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 45.5¢		Change -0.015(3.19%)		Mkt cap ! $39.26M

Open	High	Low	Value	Volume
46.0¢	46.0¢	44.5¢	$55.23K	121.6K

Buyers (Bids)

No.	Vol.	Price($)
1	675	44.5¢

Sellers (Offers)

Price($)	Vol.	No.
45.5¢	2752	1

View Market Depth

No.	Vol.	Price($)
1	675	0.445
1	10000	0.440
1	4575	0.435
1	20000	0.430
2	25024	0.420

Price($)	Vol.	No.
0.455	2752	1
0.460	4624	2
0.470	916	1
0.475	1535	1
0.490	50000	1

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 45.5¢			Change -0.015 ( 3.19 %)
Open	High		Low	Volume
46.0¢	46.0¢		44.5¢	12983
Last updated 15.49pm 06/05/2024 ?

MVP (ASX) Chart

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