I've been following MSB for a while as the prospects of the company seem fairly good.
From a charting perspective there is some heavy resistance around $7.20 and I wouldn't think it will get through this area without a bit of a struggle. I've been waiting for it to have one final down-leg to take out the $6.00 level. The move down has only been for the last three months and I can't see it rallying in the near future without some significant news.
I noticed there was a speculative buy target in the Australian today at 8.20. Some renewed interest maybe with that and the AFR article.
Anyway I'll keep watching.
afr article on aus biotechs., page-12
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Last
99.5¢ |
Change
-0.070(6.57%) |
Mkt cap ! $1.136B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | 99.5¢ | $3.980M | 3.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 56239 | 99.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 103125 | 2 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |