Short Term Trading Weekend Lounge: 18 - 20 June, page-76

  1. 1,764 Posts.
    lightbulb Created with Sketch. 231
    One stock that keeps coming up on my LT tailwind ST headwind scan is MVP.

    Non opioid pain relief. Increasing footprint in EU & in talks with US FDA.
    Metric improvement modest but next 2 years could be dramatic.

    Here is latest presso, MC around 350m but if they get into the US with non opi pain relief anything could happen. (next PME?)
    Not a trading stock but more an investment 2 to 3 year play with appropriate stop strategy.

    NB. Multiple director buying has been sustained last 2 to 3 months at prices above current, one for the WL.

    https://www.asx.com.au/asxpdf/20210308/pdf/44tfqpt74935j8.pdf
 
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