I would not be surprised to see a CR.
I smell a buy out of MSB. I’m guessing of course but if a CR was being developed, talk to keep the share price up would be happening IMO.
To expand upon my guessing, I don’t think the potential purchaser is Novartis. The comments from Novartis in the recent articles are odd and out of place as the details of the deal with MSB are not known.
One (of many) reason(s) Novartis would leak this information is to save face prior to the world knowing of an over and above deal with someone else that is likely to devalue or eclipse the Novartis deal with MSB.
SI is in his 60’s and there is likely another 5-10 years to go now for MSB to fly.
All IMO. But my story explains the current happenings. But it doesn’t mean I’m correct either.
Stuff to think about while we wait.
MSB Trading 2021 - paradigm shift, page-164
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Last
$1.05 |
Change
0.020(1.95%) |
Mkt cap ! $1.193B | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.07 | $1.02 | $7.487M | 7.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39700 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 86509 | 6 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
0.020 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| $1.02 | $1.07 | $1.02 | 1379563 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| MSB (ASX) Chart |