MAP microba life sciences limited
Add to My Watchlist 4.17% ! 9.2¢

Sonic at this stage don't care about the shareprice of...

  1. Lefevre
    10,123 Posts.
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    23/10/23
    20:36
    Post #: 70493114
    Sonic at this stage don't care about the shareprice of Microba.

    Just smashed retail by over 30%.

    Microba strategy was to establish distribution partnerships which is a capital light means to expand. Now we have changed tack and diluting shareholders to acquire distribution. Not a strategy I'm happy with at tgus stage.

    We seem to be paying big $ for revenue and not for profit. In this market you will get punished for such a transaction.
    This acquisition would have made more sense further down the track.

    MAP Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
9.2¢ 		Change
-0.004(4.17%) 		Mkt cap ! $47.38M
Open High Low Value Volume
9.6¢ 9.6¢ 9.2¢ $11.09K 118.8K

Buyers (Bids)

No. Vol. Price($)
5 20774 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 114482 1
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Last trade - 15.11pm 29/07/2025 (20 minute delay) ?
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