MVP 2.47% 39.5¢ medical developments international limited

Has MVP Bottomed Out With The Change In Market Sentiment?, page-2

  1. 724 Posts.
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    MVP had a cracking day today, up 9%. I don't do technical analysis, but it just felt like it was oversold and is now heading back to it's comfortable level of $5-$5.30.

    If you're interested in my thoughts, I wrote up an article on A Rich Life. I firmly believe that there is significant upside potential with the new management and the roll-out of Penthrox.. but, if they can't drive those international sales through improved distribution, well watch out below. Anyway, you can link on the article below. Not that I ever thought I could move the market, but just to be clear the price movement obviously has nothing to do with this article, as it was published near the end of trading.
    https://arichlife.com.au/medical-developments-international-asx-mvp-providing-an-alternative-to-opioid-addiction/

    Apologies for the twitter post above, HC hates Twitter and freaks out if you try to link it. Anyway, that was my research from March when I first initiated a position.

 
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39.5¢
Change
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Mkt cap ! $34.09M
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40.5¢ 41.0¢ 39.5¢ $30.16K 75.23K

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No. Vol. Price($)
1 13630 39.5¢
 

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Price($) Vol. No.
42.0¢ 2741 2
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
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