targeted industry investor
targeted: targeted by MSB or visa versa. The point being a long holder, not a shorter/lender to shorter or seller
industry: Biotech/healthcare
investor: fund of some kind. Not an industry participant, eg. any current partners or TO candidates
I reckon the purpose of this move is obvious. Funds are needed at some point. No one likes to go into partnership deals with a weak hand ie 'we are desperate for your money'. Obviously shorters have been partly sweating on a CR to cover themselves with all the flush newly minted shares. So that has been taken away and they will need to buy on market.
Yes, shorters have been playing MSB for a long time but management/BOD have also been dealing with them for a long time. So this is a nice 'check' move.
Ann: Trading Halt, page-72
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Last
$1.15 |
Change
0.045(4.07%) |
Mkt cap ! $1.313B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.16 | $1.08 | $4.681M | 4.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99680 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 31000 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |