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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 Jul 14, 2015 7:41am
140 Views
Post# 23920842

What is going on?

What is going on?Share price is just about half of our 52 week high and we are already past half way through the year (more than 7 months after the december release referring to a need to get a partner for Lumisort). 

Although the company is not dead in the water,it surely has lost its power and everyday it is becoming more and more evident that they are drifting further and further away from the original course they intended to head towards.

But as our leader has proclaimed ...Lumisort works!  So sad.  Imagine if it didn't work?  Sheesh!

Clearly they are not getting it done.

The only positive is the low volume that with one good news release would see the shrae price shoot back up in a hurry.  The low voilume is likely why the share price is holding on...anyone with a relatively good sized holding would just decimate the stock price if they sold.  Hopefully the company pulls a rabbit out of their hat before those holders, finally decides to throw in the towel.

Come on management...let's see some positive news soon!
Bullboard Posts