Microbix Biosystems Inc T.MBX

Alternate Symbol(s): MBXBF

Healthcare Biotechnology

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.

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Microbix Biosystems Inc > YouTube Interview

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Comment by lscfaon Nov 24, 2020 8:38pm

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Post# 31966848

RE:RE:YouTube Interview

$10 million ebitda x 10 / 161 million = $0.62 /sh. That's why I said the analyst target of $1.40 is nuts.

	Jun 20
Share	108,772,705
Warrants	23,284,552	Avg $0.36
Options	9,893,000	Avg $0.39
	141,950,257
Conv debentures	19,565,217	$4.5 mil @$0.23
Non convert deb.		$2.5 mil
	161,515,474

mercedesman wrote:

Thx.

picking up where you left off....

if a $10M EBITDA , using a conservative multiple for a profitable Biotech of just 10X ...

...that's a $100M market cap ( vs today's .. $47M

suggesting a share price of close to $1

After not insignificant insider buys this months, that was enough for me. I'm in for the 2 to 3 bagger.

the growth in revenue and profitability, if realized, will likely translate into a higher multiple - making a 4-5 bagger ( from here) quite possible!

Any US attention would be icing on the cake!

MM