$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
$1.66
Change
0.010(0.61%)
Mkt cap ! $2.114B
Open High Low Value Volume
$1.66 $1.69 $1.64 $5.790M 3.482M

Buyers (Bids)

No. Vol. Price($)
1 460 $1.66
 

Sellers (Offers)

Price($) Vol. No.
$1.66 67181 6
View Market Depth
Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
MSB (ASX) Chart
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