Big Pharmas have huge balance sheets, large cash balances and looking to keep their product cycles going. I would not at all be surprised if someone makes a bid for MSB while the SP is languishing. Now is an excellent time as they can pump up a "market premium" which is really a huge discount to real value.
The CEO has a blocking stake but getting knocked around like during the last couple of weeks may make him a little more mellow about retiring.
Big Pharma
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Last
$1.38 |
Change
-0.080(5.50%) |
Mkt cap ! $1.569B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.37 | $5.321M | 3.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12214 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 37660 | 5 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |