Gongboy, not sure which MF you're referring to, but my reference is to Motley Fool, a (sometimes paid for) website that generates regurgitates some generic fluff on listed companies. There's been nothing new on MedAdvisor posted on their site recently, unless there was something published privately to their premium suckers, I mean subscribers.
There might be some impetus from the AFR article. The FY23 report shows PVM own 82M of 546M SOI. PVM are big holders (only Guild Group is higher) and they've been invested for a number of years and buying when the share price was higher, so selling with this volume is couch change for them. But the December numbers have always been the high point for the year and 52w highs are historically hit before/after the January announcement. I'd suggest the recent demand and interest is punters getting in earlier than last year.
With the Top 20 holding 80% (and majority being cornerstone, industry and Management) there's only so much left to churn. When (not if) MDR takes off again there won't be a lot if another investment entity wants to take a position.
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