Microbix Biosystems Inc T.MBX

Buzz on the Bullboards: Stocks to watch as TSX soars amid Mideast tensions

[prophetoffactz]

@SamuelHurtadoBE  

[Jonathon Brown]

The TSX reached a new high, reflecting investor optimism. However, the market stepped back as tensions in the Middle East intensified. read article.

[PressRelease]

IVDR Compliance and CE Certifications for REDx™ QAPs MISSISSAUGA, Ontario, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator, manufacturer, and exporter, announces that it has upgraded its European Union (“EU”) regulatory...read article.

[wizzdumb]

BTW, I personally think the partner is probably the likely buyer, so they DO know the potential, and are likely taking advantage of the low valuation on the rest of the business, and don't want to

[wizzdumb]

The key point is that Kinlytic IS a slam dunk, but is three years out due to the regulatory hoops, and many don't believe that it is. Listen to Ken, it is, and it will go global. Their partner is

[mercedesman]

Right $1 today is about as good as $2 , 5 plus years from now, depending on your discount rate.  Might be a stretch to hope for a $1 offer while trading at .35 If MBX can string together

[Mbxwatcher]

I think $1.00 next week might well be a slam dunk. I personally would be dissappointed not to wait, having waited this long.... I expect however, that i would unfortunately be in the minority. Great

[John14v3]

Great analysis here Mercedesman.   To unpack MBXwatchers point. I could argue 10's of Millions of shares have traded under $0.40 in the last 2 years. I don't think it's a stretch

[mercedesman]

In a perfect world....yes... but not necessarily... and most likely not.  Those that take the risk typically want all of the upside for themselves.  Multiple "conversations are being

[Mbxwatcher]

forgive my ignorance (this is not sarcastic), but why would a buyout offer have to reflect future earnings.   IMO an offer can be anything, its up to the shareholders to accept it

[rjc7]

A buyout offer would have to reflect future earnings based on projected KINLYTIC sales.

[wizzdumb]

Agree 100%. Management and a lot of long time shareholders have a lot of shares, and I don't think any would be voting for a low ball takeout offer. 

[Mbxwatcher]

A strategic buyout gets to be more and more of a risk as we add sales and profit. Alot of us originally invested to take part in Kinlytic all those years ago. I for one, would be very dissappointed

[yielddude]

Wow, just listened to the last two minutes of that video again. Alot of incredible information. Expecting closer to $100M run rate in about 3 years or so (vs the @25M currently). Timeline would be for

[yielddude]

The last question talks about possible takeover situation in the future, and makes me really hope that doesn't happen until more value is realized. As Cameron says, would rather see a tenfold

[prophetoffactz]

@cbarbermd