This IS frustrating as anything, only positive, is the opportunity to pick a few more up, at a very nice price IMO.
As for MacBk, seriously, all these people saying look at the MacBk this and MacBk that - MacBk have been doing widely inaccurate hatchet jobs on MSB for yrs, their simply taking advantage of the current negative sentiment to try to stick the knife in a little deeper.
I suspect - I do not know - there's obviously a story behind it all, and it may relate to MSB passing MacBk over at some stage regards consulting/financing work - who knows.
Self evidently, the MacBk valuation is fantasy land stuff, they WILL however, take advantage of any opportunity to try and make it, a reality!
MY one criticism of MSB in this entire unfortunate situation, is they should have linked a significant positive program announcement to the US IPO, ie, a cardio program update or diabetes into PhIII etc - giving themselves a much better IPO climate and avoiding pain for shareholders! It was a "significant" step and deserved a "significant" dose of supporting positive news - linked right to the month of the IPO/listing!
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