When the MSB SP has risen up to higher prices in the past and like it is now, the shorters typically have started to enter MSB and increase their short position with the anticipation of bad news.
The reported shorts updated yesterday shows more shorts exiting rather than entering.
How delightful…it’s seems the shorters are worried of a SP further price increase from something the company is working on.
Remember in the lead up to past BLA submissions to the FDA the shorts increased their position quite substantially….not this time….I wonder what the shorters have perceived on chance of success here for MSB now on the third try with all FDA concerns mitigated. Hmmm
banter and General Discussion, page-9610
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Last
97.0¢ |
Change
-0.010(1.02%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.5¢ | 95.5¢ | $6.248M | 6.438M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 116040 | 7 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |