I've taken a look at the reason given in MSB trading halt anns for the last couple of years:
Oct 2019 - proposed financing
May 2020 - proposed equity financing
Aug 2020 - upcoming meeting of ODAC
Oct 2020 - BLA review
Yesterday - corporate update
They were reasonably specific previously. Also no trading pauses previously as they dropped before or after market. This feels different - good different or bad different is the (literal) million dollar question.
I'll take a guess and say they received advice from FDA or DSMB regarding rem-l covid trial. The delay will be the result of consultation with Novartis, who now have a big stake in the outcome and will want to be consulted.
I've taken a look at the reason given in MSB trading halt...
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
97.0¢ |
Change
-0.005(0.51%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 98.5¢ | 96.0¢ | $2.168M | 2.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16000 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 86854 | 7 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |