Where’s this gap you speak of?
MedAdvisor listed at 3c in December 2015. Any charts before this was from Exalt Resources.
The share price has dipped below 3c a few times only for it to bounce back into the 4s.
Yesterday’s drop could be in preparation for the fully diluted market cap to grow with the release of escrow shares.
US tech stocks have also been hit hard over the last few days and again last night.
MDR isn’t a HotCopper darling which can be seen as a blessing and a curse. There’s no hearts or incognito brokers manipulating emotions with blue sky visions or doom and gloom.
I have some powder dry so if the US indicator suggests today might go lower again then I’m ready. But having dropped 11% yesterday we might see a stand off.
Even with the new shares converting, under 3c is a bargain. Revenue keeps increasing and we have two in-flight opportunities that would expose the platform to multiples of the population here in Australia.
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