@alhambra, without wanting to sound like all the charlatan naysayers here, I finally quit my position yesterday, after 5 years in the stock. Over this time, I have become distrustful of MSB. I pray that my theory does not materialise, where a selected few get incredibly wealthy by playing the volatility around this company. There are 2 billion reasons to short MSB, that is a lot of money if the science is not backed by some decent positive announcements soon. It is to easy to control the narrative with this company, allowing shorts to play havoc with mum and dad’s hard earned money e.g lack of timely updates.
Over time, I have seen MSB go to $3.50 and all the way to $1, a number times. Those in the know would have done extremely well. Just knowing that MSB loves dragging their feet when it comes to announcements, it is enough to short this company with gusto. And, even when those announcements have come in, they haven’t always had the desired effect on the share price. Good luck to all and I will always be a MSB supporter at heart. I just don’t like the way shorters have been rewarded all along.
MSB Trading - 2020, page-19630
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Last
$1.11 |
Change
0.055(5.24%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.13 | $1.04 | $6.781M | 6.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43856 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 66000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |