Hetzer Medical Indonesia is trading at IDR 75.00, down 5%, amid an unconfirmed continuation of selling.
- Shares have continued a volatile retreat from the IDR 87.00 September 22 close; no clear September 25 company-specific catalyst was identified.
- The latest notable disclosure was September 15 explanations to the exchange regarding profit corrections and overdue distributor receivables.
- Management previously said it was unaware of undisclosed material information behind the volatility. Healthcare-sector strength is supportive and does not explain the decline.