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Bullboard - Stock Discussion Forum 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... see more

TSX:MBX - Post Discussion

Microbix Biosystems Inc > is this the week?
View:
Post by Mbxwatcher on Jun 07, 2021 10:08am

is this the week?

Well team?  Is this the week we break out of our .58 to .60 trading range?
What say ye?
Comment by RazeKreations on Jun 07, 2021 11:15am
Probably not. Trading too slow to get lift and i don't think there will be any major announcements.
Comment by wizzdumb on Jun 07, 2021 12:02pm
1. If we get large VTM PO for Ontario (50/50, I think it should come within next month but could happen anytime) 2. Partnership or something formal with Kinlytic. Quite unlikely in short term I think 3. New mainstream analyst coverage. Losing faith on this one and any updates from current coverage never moves the needle.  probably see some new QAP announced or new distributor agreement but ...more  
Comment by prophetoffacts on Jun 08, 2021 12:07pm
This post has been removed in accordance with Community Policy
Comment by RazeKreations on Jun 08, 2021 2:39pm
No shortage for demand. Demand was here before covid. Probably too early for reorder of VTM, current order fill date is until end of September. Probably July before reorder. New facilitie will be up and running in a couple of months then volumes can pick up. Qaps will continue to show substantial growth as pandemic slows down and other testing can resume. There will be big demand for testing that ...more  
Comment by wizzdumb on Jun 08, 2021 3:59pm
Agree with Raze.  I only said 50/50 in next month and could be longer. Last time it took forever for the process to get sorted should be straightforward this time. I assume MBX will be pushing for clarity and commitment on demand so that if Ontario takes a pass for a while they can sell to others.   
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