“Good ANN. Stock goes up. Then it just goes down again and often beneath its pre-ANN price.
Why? Very simple its cash burn rate and constant need for CR's”
Couldn’t agree more. Certainly these are the risks market will always accomodate to discount our share price. However, the expertise of the board members and the management is very essential for the success of biotech like MSB, which I believe we got and will outweigh the short term concerns going forward.
Check SI statement in the past and future. He is very consistent with what he says, well respected and have spent decades Doing what he is doing. Looking this and the precedent set from EAP program i was pretty confident about agvhd so i had double down my bet-looks like i made the right decision.
MSB trading, page-16
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Last
97.0¢ |
Change
-0.020(2.02%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.01 | 94.3¢ | $4.182M | 4.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 125882 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 91873 | 11 |
View Market Depth
| Last trade - 14.03pm 01/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |