MSB Trading - 2020, page-9204

For sure, in terms of mining spec stocks we would definately expect a big equity taker to manage their risk via selling above placement but for MSB, in 2020, I strongly believe that this equity is looking very long term and looking at far greater returns in the multiples of capital invested.. Opportunities like this just do not come along very often for big capital

Having said that, no one ever went broke taking a profit

I await mainstream USA to get on board.. it's coming

Like I have stated previously, the current phase 2/3 Covid 19 trial has a real sniff of a 'Roll Out' dressed as a 'trial' and the recent Cap Raise for production strengthens such a scenario

For a bit of tantalising scenario stuff check out the following :

Approx 10yrs ago, MSB closed at a high of 9.94 ( Oct 2011) (I did not own MSB back then)

SOI at that time were approx 160M so the optimists were pricing a MC of around $1.59B AUS.. but here's the kicker.. the AUS $ v US $ exchange rate was 1.07.. giving an approx MC of $1.49B US

Now the MC is approx $2.4B AUS but at an exchange rate of 0.64 a MC of $1.5B US

Yes, that's right, with a Covid 19 treatment in phase 2/3 trial we are priced at the same MC in US $ that investors optimistically priced MSB way back in 2011

Reckon there's a bit of room to run in US $ ?????

GLTAH