Does anyone else think that there is nowhere to go but up from here?
The sentiment around this stock is so negative (rightly so, given disappointing share price performance over the past few years), but I firmly believe IVF is one of the few industries where there is a genuine "backlog" of revenue once things return to normal, as opposed to industries where you lose revenue forever if you are forced to shut-down for a few months. Add the repaired balance sheet to the mix & the current price and this is looking like an attractive entry point.
Let me know if I'm missing anything (not interested in hearing guesses about what short sellers are doing / thinking because I see this as irrelevant over the medium-term).
MVF Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
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