While the fall today pains me as a short-term holder who saw a price target of $5.12, I'm not running for the door just yet. The announcement by the Company today doesn't look particularly dire to my non-technical eye, but companies like this live and die on trial results. To put things into a charting perspective, assuming the price doesn't fall below $3.20 today and then recovers over the balance of the week, it will not have fallen below the last weekly trough - and that would be heartening. Who knows, if the FDS gives MSB the tick it should make a higher high.
Anyway, I guess I'll put on the asbestos underwear and tough out this crisis - for now.
Good luck to the holders and all those who bought in today (remembering every sale has a buyer on the other side)
MSB Trading - Aug 2020 on, page-992
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 (20min delay)
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Last
$1.06 |
Change
0.125(13.4%) |
Mkt cap ! $1.181B | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | $1.06 | 94.0¢ | $12.71M | 12.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 275677 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 1280 | 1 |
View Market Depth
| Last trade - 14.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.06 |
Change
0.125 ( 14.1 %) |
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| Open | High | Low | Volume | ||
| 94.0¢ | $1.06 | 94.0¢ | 2423315 | ||
| Last updated 14.28pm 29/04/2024 ? | |||||
| MSB (ASX) Chart |