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MedAdvisor Seeks Voluntary Suspension Amid Court Proceedings

Story Highlights
  • MedAdvisor Limited operates in healthcare technology, focusing on medication management.
  • The company requested a trading suspension pending a court decision on a cleansing notice.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MedAdvisor Seeks Voluntary Suspension Amid Court Proceedings

Confident Investing Starts Here:

An update from MedAdvisor Limited ( (AU:MDR) ) is now available.

MedAdvisor Limited has requested a voluntary suspension of its securities from the Australian Securities Exchange (ASX) pending a court application. This action is to ensure that trading does not occur on an uninformed basis while the company seeks to validate a cleansing notice related to share issuance. The suspension will remain until the court’s decision or a further announcement by the company, expected by May 2, 2025.

More about MedAdvisor Limited

MedAdvisor Limited operates in the healthcare technology industry, providing digital solutions aimed at improving medication management and adherence. The company focuses on leveraging technology to enhance patient engagement and streamline pharmacy operations.

YTD Price Performance: -56.36%

Average Trading Volume: 625,297

Technical Sentiment Signal: Buy

Current Market Cap: A$57.38M

Learn more about MDR stock on TipRanks’ Stock Analysis page.

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