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Bullboard - Stock Discussion Forum 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... see more

TSX:MBX - Post Discussion

Microbix Biosystems Inc. > Press Release
View:
Post by rjc7 on Jun 20, 2023 12:55pm

Press Release

Nothing will change with the stock price until they release at least 2 profitable Q's directly related to the new CAPs sales.
Comment by wizzdumb on Jun 20, 2023 2:19pm
That will definitely help, but I think we could also get some movement on big QAPs partnership announcements, which are coming. The initial FDA approval to release the next $2M US payment may help and is likely within this fiscal year, but with the lukewarm response to the deal itself I think that's unlikely. These little new product announcements are all good for the long term but nobody is ...more  
Comment by rjc7 on Jun 20, 2023 2:28pm
The problem is, I don't think this is a "little" new product announcement.
Comment by wizzdumb on Jun 21, 2023 9:45am
Can you expand on that? Seems to me that the only upside for MBX here is to potentially sell some more fourplex GUD controls if someone signs up for the labquality accreditation program. I guess they could partner with them on other accreditation programs as well, which is a positive, but I assume that already happens for other conditions (like STIs for example). What am I missing?
Comment by tasman99 on Jun 26, 2023 8:07pm
Whatever it is ...no buyers seem to care Price and volume continues to  reinforce my disappointment
Comment by rjc7 on Jun 27, 2023 3:31pm
Today is June 27.  Someone got despirate and sold 2000 shares @ 0.375 just to see movement since the last sale on June 22.  
Comment by wizzdumb on Jun 27, 2023 8:00pm
I previously would have said wait until news comes but then it did and nobody paying attention. Can't go on forever, but patience required. Selling at this point seems insane to me, all upside from here and so much good news in the hopper. Once it starts to go it will go fast, I've given up on the timing predictions or the catalyst and just keep buying a little more here and there on the ...more  
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