10-bagger over 10yrs profit-making long term performers
MSB is not a moat, sorry, hopeful maybe but it is not even making revenues and profits yet, lol.
10 bags purely speculative hype as with many other biotechs.
At least Telix is proving closer, but still not a moat.
You need to see a 10 year LT 10-bag trajectory of ever rising stock price (with intermittent corrections of course) with a track record of back-to-back sustainable long term sales and profit growth, and a global industry leader or at least a global niche leader
BHP probably come close but commodities has no differentiation, so its moat is arguably just being a low cost behemoth producer. And CSL yes and no- it has stagnated.
