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Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows.


TSX:MBX - Post by User

Comment by Mbxwatcheron Apr 05, 2021 3:58pm
138 Views
Post# 32938636

RE:RE:RE:RE:RE:RE:unfortunately

RE:RE:RE:RE:RE:RE:unfortunatelyRaze, I am not going by announcements.  Cameron stated in the AGM that that the VTM was not sold, and spoke about the expiry dates of the new production lots having longer dates than the first batches.....Therefore, I am drawing the conclusion that there are not great sales for VTM in the second quarter. I also clearly stated that I would rather be wrong.
I disagree that announcements mean nothing.......Announcements mean that we have solidified a customer, likely at a volume and a price agreeable to both parties.  At this minute we do not have that, and it is a vital component of forecasting.
Nevertheless, I do agree with you wholeheartedly that a) there should be big demand, b) the market will eat up some or all of the unsold portion for Ontario............I just dont think that happened in Q2.
I also agree that we will know for sure when they post Q2 results.
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