Failure to deliver a solid partnership, funding uncertainty, no high impact successful trial results, changing market sentiment (in line with what I posted recently). MSB remains a rudderless ship in respect to its future profitability until these sorts of issues are resolved.
Shorters have had little impact on the company's capitalisation overall. In fact the shorters have acted as " artery cleaners" to the mechanisms that could have allowed the price to remain at undeserved levels. Now, when the day arrives for the shorters to consider MSB in a new light, when these issues have been successfully dealt with, they will in fact at this time act in covering to help the company reach an attractive price level. A level that will attract continuing solid investment.
At the moment it remains an attractive speculative stock as far as I'm concerned.
Alhambra.
MSB trading, page-1178
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 98.5¢ | $5.507M | 5.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9996 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 18069 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |