MSB 10.4% $1.49 mesoblast limited

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  1. 309 Posts.
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    I bought and hold this share @ 1.16, mainly due to its potential. I wanted to buy more but owing to capital constraints i bought call options issued by citi bank @ 0.30. It gave me spectacular return. I researched and found financial risk was outweighed by its potential. Fact that TEVA, was holding shares despite departure, Celgene was holding too, even after not exercising its right to first refusal for MSB product. I knew going concern was issued by PWC and management were well aware, they need partnerships to get going; and credit to them, as of now they have been delivering on their promises . Even after MNK deal, some people levelled it as insignificant in terms of monetary however they ignored the fact that commercial agreement is yet to be finalized by MNK which will be well over 1 billion in my opinion. Nevertheless, risk is still there especially after such great surge in price, so i reduced my contract by 20% but i'm still holding majority of it. Due to positive sentiment and upward trend maintained by MSB, i think there is high probability share will reach $3.80 by end of june this year. Obviously, no share and company is without risk. This has risk too but it's worth taking in this case.
 
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