MBP 3.23% 3.0¢ metabolic pharmaceuticals limited

I scooted in an out a few weeks back with a little bit of...

  1. 342 Posts.
    I scooted in an out a few weeks back with a little bit of collateral damage and do like watching it as when it moves it's pretty sharp.

    I've got no idea on the merits of the product, but do suspect that investors will wait a while to see some return (if any), but they have clearly managed to attract some interest, so god knows what they told them. It has all the feel of some sub-60 cents price action. But just looking at the weekly chart for it does suggest that you do get the occasional pop higher. The main issue for it is that we've probably already seen the pop in this most recent move and perhaps we're back down to the 35/40 area we saw a few years back. Perhaps this is an area for the shorts to take some back...

 
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Currently unlisted public company.

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