I like MSB really hope they succeed long term. I get the feeling the market is about to punish them real hard and put the pressure on before deadline with MNK and drive the sp below MNK buy in price of $1.48 maybe to $1.10. If a deal is not realised by deadline then we are looking at 80cents as unless another white knight appears the kentgrove facility is the only option which IMO will be very detrimental to sp and severely dilute current shareholders.
The market only cares about money and bottom line end of story. All these announcements sounds like fluff and desperate which market is no longer buying. Market cap of $700million is looking extremely high without the necessary funding and very little revenues. Management need to be grilled for getting cornered like this.
Ann: Potential For Accelerated Market Entry In Advanced CHF, page-18
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Last
$1.26 |
Change
-0.050(3.83%) |
Mkt cap ! $1.432B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.30 | $1.17 | $21.32M | 17.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5460 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 978 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |