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zAngus
Feb 2, 2020 5:58 AM

$MVP:ASX - MEDICAL DEVELOPMENTS - Up 170% and 10% Pullback Long

MEDICAL DEVELOPMENTS INTERNATIONAL LIMITEDASX

Description

MVP has had a good run over the last 12 months up around 170% and with the recent turbulence has had a 10% pullback. If it climbed back up to around $10.20 or so to reconfirm direction it could be worth a look.

Medical Developments International Ltd. engages in the manufacture and distribution of pharmaceutical drugs, medical, and veterinary equipment. It operates through the following segments: Pharmaceuticals, Medical Equipment, and Veterinary Equipment. The Pharmaceuticals segment involves the selling of Penthrox drugs. The Medical Equipment segment includes the sale of medical devices. The Veterinary Equipment segment relates to the sale of veterinary products within Australia, Europe, and Asia. The company was founded in 1971 and is headquartered in Scoresby, Australia.

Comment

Could be worth a look again.

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