Strong chance that the 6m crossing at $1.06 is the end of a line of selling.
It goes up from here.
I've seen some of the heavily oversold gold funds bounce 70% 2 days ago and another 50% in the past day.
People sit back waiting for the selling to end before getting confidence to buy back in. That selling could now be over.
Announcement soon on Prof Graham's trial at Victor Chang Research Institute- foreshadowed on Channel 7 News (Sydney) which I posted a few days ago - stem cell trial starting "within a month" to treat heart patients with ARDS (particularly from Corona Virus).
I also posted numbers per year affected by ArDS in USA could be as many as 1m patients - i.e. Savings of maybe $30 to $50bn for US health system if they can get people cured and out of ICU 3-5 days earlier. Massive saving of wasted lives who can't get ICU beds or ventilators.
All in my opinion - not recommendation to buy,
But it appears short term pressure finished for MSB - Now for the announcements!
GvHD due at end of this month
Prof Graham trial effectively soft announced on Channel 7 News
Up she goes, just like when the Capital overhang/Mexican Standoff was cleared at $1.71 and the price ran to over $3
Strong chance that the 6m crossing at $1.06 is the end of a line...
Add MSB (ASX) to my watchlist
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Last
$1.17 |
Change
0.080(7.37%) |
Mkt cap ! $1.358B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.20 | $1.11 | $8.825M | 7.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 31582 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 45076 | 5 |
View Market Depth
| Last trade - 11.16am 06/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
0.080 ( 7.47 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.20 | $1.12 | 1887315 | ||
| Last updated 11.36am 06/05/2024 ? | |||||
| MSB (ASX) Chart |