Reaction to the $2.38 area is key, so far its bounced off $2.4 so short term uptrend still intact. We know instos have been accumulating and the latest 2.7M share parcel had been purchased at an average of $2.5 so I doubt they will let this sink any lower. Most likely just absorbing the supply resulting from ~1M shares coming off escrow, a supply that is almost gone, as volume has been decreasing.
FA wise a PE in the low 20s is undemanding for the 25-30% growth expected. The FY report will set the tone for the medium term trend.
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MVF
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66.0¢

MVF chart, page-2
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Last
66.0¢ |
Change
0.035(5.60%) |
Mkt cap ! $257.1M |
Open | High | Low | Value | Volume |
63.0¢ | 66.5¢ | 62.5¢ | $3.269M | 5.087M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 97281 | 66.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.5¢ | 31918 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7142 | 0.700 |
3 | 1892 | 0.665 |
8 | 100122 | 0.660 |
1 | 7600 | 0.655 |
8 | 58094 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 9000 | 1 |
0.665 | 20000 | 1 |
0.670 | 56962 | 2 |
0.675 | 18931 | 1 |
0.680 | 153009 | 8 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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