No real need to revise my prediction from a few weeks ago . . . . .
Prediction:
share price will settle at around $1.60 in August, and drift down to below $1.40 by October
no partnership will be announced in 2017
there will be further capital raising in 2017 (share issue)
no meaningful or new trial data will be released in 2017
I'm amazed that people are basing investment decisions on their belief that there is an international conspiracy by big Pharma to suppress MSB technology and the MSB share price . . . . . . that is a very, very big call, that by definition nobody can disprove, but it does seem a risky way to invest your money. The other option - that all prospective partners have jumped ship because they don't believe in MSB technology - would seem to be a bit more likely . . . . . .
And I stand by my assessment that this company is truly amateur when it comes to raising funds, and either amateur or a little bit tricky when it comes to shareholder communications . . . . . . .
But it sure is interesting to watch from the sidelines . . . . .
No real need to revise my prediction from a few weeks ago . . ....
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Last
$1.01 |
Change
-0.060(5.63%) |
Mkt cap ! $1.141B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | 99.5¢ | $3.295M | 3.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 64368 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 27519 | 16 |
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| Last trade - 15.31pm 04/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |