$6 might be way too much to pay for msb soon

  1. 30 Posts.
    All this is just my opinion:
    As you all know,I am the biggest MSB bear around. Have been for a long time.
    The financial position is weak,the company burns shareholder equity at a rapid pace,intangibles are high, goodwill is substantial and I sense that writedowns are coming soon.
    I believe some analysts are far too optimistic on the prospects for the technology. Any potential revenue stream is not projected for a few years out and I don't think people can afford to wait that long.
    I think someone needs to pull a rabbit out of the hat to save it from dropping below $6. I suspect $3 is generous.
    I think uninformed investors will lose money if they simply buy and hold. Technicals suggest a well-established down trend. Shortsellers probably all share my opinion already and appear to be increasingly resilient.
 
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(20min delay)
Last
$2.41
Change
0.620(34.6%)
Mkt cap ! $3.084B
Open High Low Value Volume
$1.90 $2.48 $1.90 $58.82M 25.68M

Buyers (Bids)

No. Vol. Price($)
3 100915 $2.40
 

Sellers (Offers)

Price($) Vol. No.
$2.41 99 1
View Market Depth
Last trade - 16.12pm 18/07/2025 (20 minute delay) ?
MSB (ASX) Chart
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