I would also point out MSB is decreasing its SP out of sync with the NYSX biotech index.
MSB has had some very strong % declines in recent weeks that is in excess by a fair margin of what the biotech index has fallen by in the USA.
Last night for example the biotech index fell 0.04% or basically a nothing move. Today MSB dumps 1.6% and counting.
Yesterday it was 4.4% dump.
In short its dipping stock price is no longer having any relationship with the major indexes.
It is from a purely price based perspective not far off being an absolute 100% sell. Below 4.50 I would say is where it stops being a question of "whats up" and starts being a fact of "your capital is disappearing daily"
I would also point out MSB is decreasing its SP out of sync with...
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Last
99.5¢ |
Change
-0.070(6.57%) |
Mkt cap ! $1.136B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | 99.5¢ | $3.980M | 3.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 56239 | 99.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 103125 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |