MPL 0.78% $3.86 medibank private limited

What I don't understand is MPL was trading around $2.92 before...

  1. 564 Posts.
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    What I don't understand is MPL was trading around $2.92 before losing the Garrison contract.

    After losing this contract (which is only a low-to-mid single digit decline in EBITDA), the share price fell to $2.33.

    After announcing a 3.3% increase in premiums (plus quietly eliminating extras benefits), the share price recovered.  But this decision in fact increases EBITDA far greater than the loss of any Garrison contract.

    MPL should be trading above $3 (which is kinda what I'm expecting on Friday).

    Last edited by G650er: 13/02/19
 
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$3.86
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$3.82 $3.87 $3.81 $4.532M 1.179M

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No. Vol. Price($)
48 86056 $3.86
 

Sellers (Offers)

Price($) Vol. No.
$3.87 77253 40
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Last trade - 11.41am 30/07/2024 (20 minute delay) ?
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