msb has a $2.2B market cap. The question becomes, has the market already priced in the Phase 3 success of the FDA heart approvals or not? There is a very small float for retail investors of about 10% of the company. Small amounts of great news can easily move this stock. The shorters are still active, and therefore we may see a rapid move through new highs before end june! TEVA have just raised $1B at 3% interest rate, which would place them in a good position to start to buy more msb. 3% every 6 months or just go for the whole thing. Time will tell!
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Last
$1.07 |
Change
-0.055(4.89%) |
Mkt cap ! $1.221B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.06 | $8.816M | 8.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280000 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |