MLA 0.00% 8.5¢ medical australia limited

whats going on??, page-2

  1. 1,046 Posts.
    lightbulb Created with Sketch. 40
    +
    No debt
    Close to casflow neutral/positive
    fairly Stable and high top 20 %
    Billionaire tops up 2m @ 20c
    Increasing sales Q on Q

    -
    Lacks liquidity
    Needs better PR from company (take example horse nebulizer, no announcement), CEO role stil effectively vacant.
    A couple new hirings to management and shuffle of board (Delk)
    Lack of breakdown and insight into medivet business


    Overall, 100% better on where they were 12-18mths back. I can see the concern for some, hence the SP halving, however the turnover has been lackluster, it doesn't look like the big holders running for the exits... I personally sit on a bundle.of these and have no intention of selling. Happy for this to be my LT biotech holding, but each to there own, dyor etc.

    Cheers
 
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