I would call this a slight consolidation at present, which is good.
I see MSB going to some big heights long term but it won't get there in a straight line up....as that is just the nature of stocks in general. Yes of course there will be some pullbacks at some point ...but the general direction of the stock is up medium and long term.
What I will call out is the run on MSB from the $1 range in Sept in 2010 then to $9 range by May 2011 - 9 Months Inclusive.
9 Months to gain that much, there were some small pullbacks in there, but it barely took a breath really. Now that is a great comparator and no one should forget that.
Now 9 years later MSB has much more going on(FDA, Phase 3 x2, New Partnerships), so much more de-risked, commercialising now and expectations for many more partnerships.
Now how much is this stock going to run? There is more risk to be out of this stock! ....in the Medium to Long Term.
DYOR.
MSB Trading - 2020, page-1168
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Last
$1.11 |
Change
0.055(5.24%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.13 | $1.04 | $6.781M | 6.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43856 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 66000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |