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yes, agree with you.. have seen lots of shares move up/down on...

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seachange2

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07/09/17

14:13

Post #: 27063354
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Originally posted by 13th ↑

@Shrek4 this isn't the work of a bot. This is one or two sellers moving on.

My guess is that these shares were bought around this $0.30 mark a couple of months back and since the share price was unable to sustain the move into the $0.40's these 'not so long term holders' are looking for an exit (there reasons to move on are anyone's guess). It's a shame the share price got ankle tapped when it was trading in the $0.40's as the wind got taken out of the sales for Jack and the team in terms of share price reflecting their positive steps forward for the company.

Nothing for me has changed fundamentally, if anything we are only getting closer to commercialization, CE and FDA approval. It will only take one deal of substance (VE perhaps?) to change to game for MEB.
Currently sitting with an undiluted market cap of $47mil, this is wound up like a tight spring at the moment.

Iam using this opportunity to add to my position on market at the moment. I like the fact that the sell side isn't stacked like it was last time when the share price cleaned out many large lines of stock on it's way to 40c +. This tells me that once this seller is done, we can see the price back at $0.35 - $0.37 without much effort at all. Technically there is a gap to be closed back to $0.30 that was created when the share price got moving early June. I'd personally like to see this seller tip out the last of their position on market in one foul swoop, close the gap and FO....

Iam hearing that Jack will be meeting with brokers / family office's in Sydney and Melbourne next week to further the market awareness. Let's see if this translates in tino share price support.

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yes, agree with you.. have seen lots of shares move up/down on bot trading, every few seconds systematically small share parcels - some as ridiculous as 1 - 3 shares and this was not the case. Course of sales yesterday showed instead large parcels ... someone got sick of waiting and has moved on.. I am not worried either. If it goes down further I will top. We have seen the rate the stock can move on each milestone.. there will be a deal before year end and we will see results.. The sellers are there - to be sure - but for every sold share is a buyer ..

MEB Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $10.24M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.5¢	$4.635K	185.4K

Buyers (Bids)

No.	Vol.	Price($)
2	38118	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	126026	1

View Market Depth

No.	Vol.	Price($)
2	38118	0.025
3	494753	0.024
5	812877	0.023
2	636000	0.022
5	272730	0.021

Price($)	Vol.	No.
0.026	126026	1
0.027	130000	1
0.029	120000	1
0.030	410334	3
0.032	6572	1

Last trade - 12.16pm 28/06/2024 (20 minute delay)

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