Agreed, they are going to need money at some point in time, and it sounds like a playbook for funders to go short before hand, to benefit from lower prices, and the shorts get rich. Long term holders get the opportunity to buy in at very low prices. It doesn't mean the science or outcome of approval has changed. Just a stop along the journey. No-one at this point is worried about the dilution , since the upside we are talking of post approval is probably 500% at minimum.
Approval in under 5 months now
MSB Trading 2020 - a new dawn, page-13070
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.21 |
Change
0.000(0.00%) |
Mkt cap ! $1.381B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5385 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 50 | 1 |
View Market Depth
| Last trade - 09.56am 02/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |
Day chart unavailable