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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Bullboard Posts
Post by longondmxon Jan 15, 2014 10:05am
183 Views
Post# 22093357

Such a small float

Such a small floatI just realized today that with only 19,700,000 shares outstanding, if all shareholders held as many shares as I do, there would be less than 100 in total.  And if they all believe as much as I do in the company, it wouldn't be a surprise if we see $1.00 plus again very soon.    And the downside is also good given that I suspect many long time holders will continue to ride this out for as long as it takes - more so now that the company is operationally profitable and cashflow positive.  This is a no brainer.  This all supports my observations that many of the trades have been at the ask, and not the bid.  If not so invested in this stock already, I'd be a futher buyer.  But as always, do your due.
Bullboard Posts