I have doubts it will ever hit $100. Regardless of whether it becomes a multi billion dollar business, the more equity that is issued actually pushes the share price lower, so after the next capital raising the max it can hit might be something like $50.00 despite the future potential not changing. That's why discussing the science and telling everyone "the science is proven dont worry" is stupid because its not about the science, its about the funding. Doesn't mean anything if MSB has good science but millions and millions of shares on offer at 50c a share.
And the lower the SP goes, the more equity that has to be issued to get the desired amount of capital, it's really a downward spiral. I wouldnt be singing songs of praise if I were you. My sentiment is to hold until it hits around $2.00 then get the hell out.
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Last
94.5¢ |
Change
-0.025(2.58%) |
Mkt cap ! $1.078B |
Open | High | Low | Value | Volume |
98.0¢ | 98.5¢ | 94.0¢ | $2.482M | 2.602M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 71720 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.5¢ | 10463 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 65720 | 0.940 |
3 | 31070 | 0.935 |
4 | 85753 | 0.930 |
2 | 9000 | 0.925 |
5 | 75776 | 0.920 |
Price($) | Vol. | No. |
---|---|---|
0.945 | 10463 | 1 |
0.950 | 50000 | 2 |
0.955 | 64000 | 1 |
0.960 | 30220 | 3 |
0.965 | 44050 | 3 |
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