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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 > Options trading
View:
Post by rjc7 on Jan 08, 2024 12:23pm

Options trading

I think what we are witnessing today is insiders exercising options that are about to expire.  House #80 has sold off 80,000 shares at the BID price.  We may see a few days of this but there is no other legitimate reason.
Comment by Mbxwatcher on Jan 08, 2024 12:38pm
Thank you 100% you are correct..........they telegraphed this in the call. Has absolutely nothing to do with the long term value of the company. We all agree I think there is significant untapped value in our future, that is absolutely not baked into the price of the stock.. That being said it takes cash to exercise options, so they have to do what they have to do. As previously stated their ...more  
Comment by wizzdumb on Jan 08, 2024 2:47pm
I'll be putting in some low bids myself to capitalize on this short term opportunity, although its a premium over the boatload I picked up in the twenty cent range it's still incredibly undervalued. This should be trading north of a buck without question. 
Comment by RICHOFFMBX on Jan 08, 2024 3:08pm
Just topped up the wife's TFSA at 0.37
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