MDR looks like a stock that might be lengthening stride.
Posted on this one before but has not seemed to have moved much, latest anns (today) increased volume a tad for a ok gain but will probably come back.
Here's todays ann and they have already got chemist warehouse,
https://www.asx.com.au/asxpdf/20191107/pdf/44bc6wgtn5xfdp.pdf
The model is understandable and has some promise also they have just done a CR @ 5 which attracted US funds in way of big position on register by HMS a leading US healthcare mob.
Living on the south Coast now amongst all the boomers, any system that can supply mass drugs without the recipents having to think about it could be a 'goer', getting a soft spot for the boomers, they're a bit like Manly in the NRL.
They know everyone hates them but they don't seem to give a stuff, have an opinion on everything and use the phrase 'in my day' a lot, no nonsense sort of characters.
MDR got a bit of the early PCK about it although apparently talking about a consolidation, always a bit wary of immature models talking the 'c' word without appropriate proftability metrics to support.
hound took a small posiion some time ago DYOR
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MDR looks like a stock that might be lengthening stride. Posted...
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