I have stayed away from these verbose and rather petty commentary that seems to go on and on with some of the post on this forum.
But I could not help myself to get us back on track with 3 Facts.
Fact 1. The share price is falling
Fact 2. The management of MSB have failed to provide important and relevant clarity since they put MSB on a Halt back on the 1 June.
Fact 3. Any business even with the best technology in the world or the greatest reserves of gold in the ground needs Capital to fund its development until such time that CashFlow from operating revenue and profits can support the operation. $100M does not provide a sufficient runway to fund the pipeline now that Teva has stopped funding.
Clearly if we do not address Fact 3 and we leave Fact 2 as it is then Fact 1 will continue.
No amount of commentary on who said what to who or how it is being interpreted will change these facts as far as I am concerned, though i do understand and feel the frustration from all who post on this site, who are seeing their hard earned money evaporate ( at least on paper at this stage).
Those who do not have a holding unless they can provide us with some fresh insights should refrain from posting.
MSB management is where we should be putting our energy and expressing our concerns and let's hope they respond soon.
A big thank you to all those who have made contact with MSB and I for one will do the same at the end of this week if there is still silence and I encourage everyone to put there energy into this course of action rather than posting on HC.
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Last
92.5¢ |
Change
-0.020(2.12%) |
Mkt cap ! $1.056B |
Open | High | Low | Value | Volume |
93.0¢ | 93.5¢ | 92.0¢ | $2.103M | 2.270M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 106422 | 92.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.0¢ | 59027 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 106422 | 0.925 |
19 | 158666 | 0.920 |
12 | 162313 | 0.915 |
9 | 187310 | 0.910 |
5 | 56641 | 0.905 |
Price($) | Vol. | No. |
---|---|---|
0.930 | 59027 | 3 |
0.935 | 71301 | 3 |
0.940 | 42740 | 5 |
0.945 | 71253 | 4 |
0.950 | 55201 | 6 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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MSB (ASX) Chart |