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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 rjc7on Nov 23, 2023 7:15pm
127 Views
Post# 35750801

RE:RE:RE:Still too many crazies out there

RE:RE:RE:Still too many crazies out thereThey do issue shares annually as a part of employee compensation.  This year is the only year they have been buying back stock to offset any dilution.  They have bought back more than they are issuing which is a good thing.  As far as I've heard and as long as they have surplus cash they intend to do this going forward. I think they have already stated there is no future need to raise cash through share dilution for their future projects. Again a positive.
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