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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 prophetoffactzon Jul 05, 2023 9:08pm
224 Views
Post# 35528391

RE:Invisible

RE:InvisibleOnce the expected value has been created microcaps can move at any time. A single fund manager could want in in size. A fund manager could tell the story on BNN. A takeover could be announced. A new analyst could cover the story. An old analyst could put it on a focus list. A news release could drive the message home. It's only a matter of time. Don't focus on the current share price. Focus on what has been created.

You don't get to more than a DOZEN programs now under development with a LARGE company without likely follow through. The large company is acting with CONVICTION. This is what Groome is essentially saying. It is just a matter of timing from here. The expected value has been created. Large companies are also rational actors and with the number of different diagnostic customers expanding as the numer of programs is also expanding and with things going "just wild" there is additional corroboration. The industry likes and wants what MBX has. MBX continues the share buyback. In word, and action the message is consistent and clear.


"And then the level of activity in our caps business again it's just about timing of realizing these revenues but the number of development projects we have ongoing with different diagnostic customers there is just wild and unprecedented. We have more than a dozen projects for example currently ongoing with the large customer with whom we signed thr purchase and supply agreement last August and that continues to accelerate not just with them but with others." Groome
 


RazeKreations wrote: I don't think many are even aware of Microbix anymore other than the ones posting here.  Volumne of trades has become almost non existent.  Such a difference from a couple of years ago. It could be like this until Kinlytic hits the market. And Microbix is not alone with that sentiment. The stock market is no friend to many smaller companies.  Controlled too much by computer trading 


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