MVH 7.50% 8.6¢ medic vision limited

Blokes, take a chill pill my young bomber. The sell down has...

  1. 1,570 Posts.
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    Blokes, take a chill pill my young bomber. The sell down has been on next to zero volume. Technically, low volume is bearish, but the market has been bearish, and it is better seeing mvh sold down on low volume, than being dumped on large volume.
    I would say that Frank has tightened up the registry significantly, and until we see something of significant importantance announced, we will drift at current levels.
    However in saying that, our fortunes can, and possibly will change dramatically for the positive in the near term future.
    Management has dramatically slashed directors fees etc, and that money is being better spend getting the right people on the ground promoting MVH's products world wide, as seen by the recent deals in Russia, China, and India.
    Deals in the pipeline continually grow, and eventually, we will get the $$ announcements in, but until then its sit tight and wait for the big run, or jump ship and look for something else to bring home the bacon.

    Noggie
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