They have been trying to develop vaccines for Corona type viruses for years. (See MERS and SARS). Afaik they have never had any lasting success.
Covid is here to stay and if a vaccine is developed it will come out of a lot of ethically questionable human testing and will at minimum take a year. Even then who wants a rushed vaccine.
Imho anybody arguing that a drug that treats ARDS is going to be useless because Covid-19 will be stopped is horrifically ill informed on multiple different angles.
I'm also pretty bearish on the market in general as I get the sense that many are begting that this will be brief. Good for them if they are right. But everyone sitting at home investing will soon have all their money in the game and not be able to buy more.
MSB is a risk but a bloody good one imo. Risk reward looks great to me. If this rockets them this company will be so big long term.
They have been trying to develop vaccines for Corona type...
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Last
$1.07 |
Change
-0.030(2.73%) |
Mkt cap ! $1.221B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.21 | $1.05 | $28.73M | 25.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14264 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 24626 | 3 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.08 |
Change
-0.030 ( 2.52 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.21 | $1.05 | 5190842 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| MSB (ASX) Chart |