A true share price value is determined by a number of factors among which is the earnings/profit of a company, net asset value etc. At this stage apart from some revenue from Japan no other product has been approved for commercialisation. Can you honestly tell me if at this stage you can put a value on the share price. The Bell Potters etc have placed a value of $3+ based on their analysis. What is the current share price of MSB? The price indicated by the a gentlemen of $5 and further $5 increases each on the commercialisation of subsequent products is an value which has no basis for support. I can also fix a figure of $10 which looks good but misleading. Hence until such time as MSB has runs on the board and we can evaluate a price based on financial tools for valuation, I do not think any value should be concocted. Thats my view.
A true share price value is determined by a number of factors...
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