Microbix Biosystems Inc T.MBX

Not sure if this is good or bad

[rjc7]

Of the 267,500 shares traded yesterday on the TSX 200,000 were ONE trade from seller house #7 to house #59.  Therefore only 67,500 were traded in total by smaller retailers on release of a great Q by a small biotech company that actually makes money. Hmmm....

[Mbxwatcher]

A direct quote: " The question is, do capital markets in Canada recognize the value of publicly listed companies in a timely manner?  And if they do we will see our stock move up, if they dont, I think at some point our industry peers will say, this is stupid and will be bought out and it'll be another company that exits the public Canadian market" I think this remains the

[wizzdumb]

For sure this is greatest risk, I'm surprised the guys behind Kinlytic haven't done this yet. Thankfully Cameron and other insiders hold a lot of shares so would drive a hard bargain. Best case is others wake up and see what a gem this is on core products alone, when you add in Kinlytic it's a no brainer at this point and I keep adding when I have capital to deploy. 

[rjc7]

Well if the price was right I'd welcome it.  Been in it for 25 years, hold a ton of shares. Time to get out.

[tasman99]

YES RJC YOU AND ME BOTH 1998....iM;OLDER NEED THE CASH

[wizzdumb]

Ask Cameron to do a block trade for you and exit if you need out. 

[Method]

How much do you own?

[Mbxwatcher]

2009 for me........I am a relative newbie here :)

[Method]

I think the Kinlytic royalty would have to be separated in any deal if it's pre-approval perhaps through a CVR with payouts based on revenue thresholds being met.    

[wizzdumb]

....and is buying back its own shares.... Fond another one of those. 

[Mbxwatcher]

AT the levels we are at, i think Cameron and team would be hard pressed to get the value that we longtimers think it is worth. A 50% premium gets us to .50....I doubt there is many of us who have been here a while who would be very happy with that..  Anyway, i think they have solved most operational and financing risks, and the greatest impediment to the return we need is now a buyout.....

[Method]

It actually traded 360k across all markets. https://www.stockwatch.com/Quote/Detail?C:MBX&snapshot=SX