News: MSB Mesoblast says qtrly loss attributable $9.8 mln, page-56

  1. 1,977 Posts.
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    A good question Pat and unfortunately I do not have a crystal ball to tell you what the bottom is. Judging from the top of $3.44 and what it has fallen down to after a month, I would like to think that it has reached its bottom, but today is the acid test . If it goes sub $2.00 then we could see new lows. However bearing in mind that the last trench was sold at $2.oo for the US$40 million cash injection, the investors may not be too pleased if it fell below this level. Lets see what happens today. Maybe others may have a view.
 
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