Diverging from the impending flame war lets talk about the stock.
Today is a day that I've been waiting for (not in a positive way) for a while.
Its unfortunately the crux of why holding MSB is such a PITA.
On a good day (green day) the stock struggles to go anywhere no matter how green the day and never finishes on its high and is always sold into.
On a bad day (like today) it drops like a stone outpacing all the previous gains in an instant.
Its behavior in the stock like this that again makes owning this stock a massive PITA and I think we all get a bit tired as a result from time to time.
As I said in my other posts MSB is no longer taking its hints from the USA or its Biotech index.
The biotech index (since MSB was around 4.60's last) has ralied something in the order of 4-5% or so.
MSB during that tiem moved up maybe 1.5% if that?
The biotech index last night went down I think 1.5% and thats index wide.
MSB today? 3.6% (at the tiem of posting)
MSB wasnt always like this, infact only 3 months ago it was relatively stable.
But lately in the last month MSB takes every opportunity to hit the floor like a dead body.
To my understanding unfortunately this will continue for a LONG time as I'm not aware of any anticipated releases of good information from MSB in the coming months?
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Last
$1.57 |
Change
-0.210(11.8%) |
Mkt cap ! $1.792B |
Open | High | Low | Value | Volume |
$1.72 | $1.74 | $1.52 | $15.63M | 9.716M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5127 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.57 | 39613 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5127 | 1.565 |
3 | 15000 | 1.560 |
2 | 8950 | 1.545 |
3 | 52000 | 1.540 |
1 | 100000 | 1.525 |
Price($) | Vol. | No. |
---|---|---|
1.570 | 14365 | 2 |
1.580 | 57756 | 6 |
1.585 | 5500 | 1 |
1.590 | 3123 | 1 |
1.600 | 5000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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MSB (ASX) Chart |
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