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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 wizzdumbon Mar 08, 2022 1:33pm
130 Views
Post# 34496195

RE:RE:RE:A bad year for MBX...at least so far

RE:RE:RE:A bad year for MBX...at least so far

Did not expect a share price below 50 cents, but as I said this is a gift. Entire market getting pummeled and I think we have actually held up pretty well considering this is speculative and microcap. Latest Kinlytic comments sucked but this has always been free option and somewhat pie in the sky, although it's not like they have abandoned it just noncommittal on timing now. They have consistently said they will not announce new partnerships or orders until they are confident on capacity so no changes there. We are so very close to expansion being completed which should open door to the new customers, they will have to prove themselves then. Fundamentally nothing has changed since eighty odd cents except continued progress on expansion. Keep calm and carry on for now, if they fail in executing expansion or onboarding the new customers they have promised I will be first to criticize but all this is completely out of their control and don't forget they are hurting as well as even the recent financing are under water now. 

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