MVP 1.10% 45.0¢ medical developments international limited

The claims that for whatever reason the share price is being...

  1. 2,702 Posts.
    lightbulb Created with Sketch. 475
    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.
 
watchlist Created with Sketch. Add MVP (ASX) to my watchlist
(20min delay)
Last
45.0¢
Change
-0.005(1.10%)
Mkt cap ! $38.83M
Open High Low Value Volume
45.0¢ 45.0¢ 44.0¢ $86.16K 192.1K

Buyers (Bids)

No. Vol. Price($)
2 6161 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 4809 2
View Market Depth
Last trade - 13.24pm 07/05/2024 (20 minute delay) ?
Last
44.5¢
  Change
-0.005 ( 2.20 %)
Open High Low Volume
45.0¢ 45.5¢ 44.0¢ 26564
Last updated 13.24pm 07/05/2024 ?
MVP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.